1 W Rigney Dr, Terre Haute, IN, 47802 | $166/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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1 W Rigney Dr, Terre Haute, IN, 47802 | $166/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Rental property for sale in Terre Haute at 1 W Rigney Dr, Terre Haute, IN, 47802 priced at $229,900 converts $1,546/mo rent into $166/mo cash flow after a $1,125/mo obligation. Total monthly income equals $1,546/mo, and annual cash flow totals $1,994/yr on $76,212 invested. Return on cash invested prints 22.53% in year one, and rental yield reads 8.07% against a $229,900 entry. Equity gained on principal adds $1,484/yr, while 5% annual appreciation compiles into $63,517 by year five. Five-year ROI reaches 116.67% and total cumulative return in cash sums $88,919. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,546/mo property income covering a $1,125/mo payment, not borrower’s personal income.

Single Family

Built in 1957

0.80 Acres lot

$N/A/sqft

No HOA

More details about the property

Nestled on nearly an acre in Terre Hautes desirable south side, this charming 1957 Bedford stone ranch blends the warmth of generations past with the peace of mind that comes from thoughtful, modern upgrades. Inside, youll find 4 spacious bedrooms and 3 beautifully updated bathrooms, offering comfort and flexibility for everyday living. The heart of the home is anchored by classic knotty pine accents and a cozy stone fireplacea space meant for gathering, relaxing, and making memories. Major upgrades scheduled for completion by the end of November include: ? PEX water supply lines ? Vapor barrier installation ? Brand-new HVAC system for efficient, year-round comfort (to be installed) ? Termite treatment & added insulation for long-term protection Fresh paint, new flooring, and contemporary appliances make this home truly move-in readywith nothing left to do but settle in and enjoy. Outside, the expansive yard invites outdoor fun, from peaceful mornings with coffee to weekends filled with friends, laughter, and fresh air. Whether hosting a crowd or enjoying quiet evenings at home, this property offers space, soul, and the feeling of being exactly where you belong.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47802, Terre Haute, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	15,234 (100%)
Owner Occupied HU	8,249 (54.1%)
Renter Occupied HU	5,649 (37.1%)
Vacant Housing Units	1,336 ( 8.8%)
Median Home Value	$191,284
Average Home Value	$256,820