1200 N Third Ave, Evansville, IN 47710

3 bd · 1 ba · 1,331 sqft · built 1904 · Evansville · SINGLE_FAMILY·source listing ↗

$79,900

rent, three ways

OnePercent model (vv1)$1,536/mo

point estimate — add comps for a band

HUD Fair Market Rent · 47710 · 3BR$1,280/mo

Area comps median (last 90d)—

FMR from HUD SAFMR FY2026. Never a naked estimate.

County

Vanderburgh

Flood risk indexRelatively Moderate FEMA NRI

Median household income$47,292

Median area rent$907/mo

Median home value$147,300

the verdict

1.92%vs 1.0% target

financing: 20% down · — (FRED, live) · 30yr

$79,900

1.92% · rent $1,536

Intrinsic value · income approach

$176,687

55% below intrinsic value

Value = net operating income ÷ market cap rate. Not investment advice.

Ten-year owner return

Equity multiple, per-year cash flow, and appreciation modeling are a Pro feature.