103-103 1/2 S 15th StTerre HauteIN47807
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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
Investment Highlights
Investment property for sale in Terre Haute at 103-103 1/2 S 15th St, Terre Haute, IN, 47807 offers a 9.61% rental yield on a $119,900 purchase with $960/mo rent. Total monthly income registers $960/mo, and a $587/mo payment leaves $240/mo available for distribution. Annual cash flow reaches $2,881/yr on $39,747 to close, and return on cash invested stands at 27.16% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,126 over five years. Portfolio math shows five-year ROI at 141.6% and total cumulative return in cash at $56,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $960/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1900
N/A 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
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Listed by: MARK MCCREERY • REMAX R.E.A.
Mls Name: THAAR
Mls Provider:
Mls ID: #107117
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-08-06 07:11:19 PDT