1120 S 5th StTerre HauteIN47802
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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 1120 S 5th St, Terre Haute, IN, 47802 uses $39,946 cash to close to unlock $2,645/yr annual cash flow and $220/mo monthly cash flow. Total monthly income runs $944/mo, and a $590/mo payment keeps the spread at $220/mo. Purchase price stands at $120,500, and rental yield measures 9.4% with $944/mo rent. Return on cash invested shows 26.53% in year one, and 5% annual appreciation builds toward $33,292 over five years. Five-year ROI reaches 138.18% and total cumulative return in cash records $55,196. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $944/mo property income covering a $590/mo payment rather than investor’s personal income.
Single Family
Built in 1905
0.29 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
14,491
Single Family
13,433
Multi-Family
1,058
Businesses
1,155
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Listed by: JENNIFER POHLMAN • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #107958