1814 Hercules Ave, Evansville, IN 47711

Turnkey mid-term rental — fully renovated in Dec 2024, furnished, and equipped with all appliances. Currently operating as a profitable MTR averaging $1,800/month. Professionally managed at 15%. Appraised Value (Feb 2025): $128,000 Asking Price: $125,000 Investment Snapshot - Gross annual rent: $21,600 - Less management (15%): $3,240 ?? Net operating income (NOI): ˜ $18,360 ?? Cap rate: ˜ 14.7% Stylish finishes, a detached 2-car garage, and a reliable income stream make this an ideal turnkey addition to any investor’s portfolio. ?? Owner-occupants: Seller can help with closing costs — move-in ready with all furnishings and appliances included. Disclosure: Property is For Sale by Owner. Seller is a licensed REALTOR® Broker in CA and NV.