1010 S 8th StTerre HauteIN47807
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Investment Highlights
Investment property for sale in Terre Haute at 1010 S 8th St, Terre Haute, IN, 47807 uses $47,405 cash to close to unlock $2,670/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,081/mo, and a $700/mo payment keeps the spread at $223/mo. Purchase price stands at $143,000, and rental yield measures 9.07% with $1,081/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $39,508 over five years. Five-year ROI reaches 132.86% and total cumulative return in cash records $62,980. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,081/mo property income covering a $700/mo payment rather than investor’s personal income.
Single Family
Built in 1905
5,318 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47807, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,184 (100%) |
| Owner Occupied HU | 1,392 (22.5%) |
| Renter Occupied HU | 3,487 (56.4%) |
| Vacant Housing Units | 1,305 (21.1%) |
| Median Home Value | $70,547 |
| Average Home Value | $104,542 |
Housing Distribution
Address Breakdown
Residential
5,957
Single Family
5,024
Multi-Family
933
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chelsea Kieffner • CK Realty Homes
Mls Name: IRMLS
Mls ID: #202534056