1304 S 9th 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 1304 S 9th St, Terre Haute, IN, 47802 listed at $129,500 pairs $1,154/mo rent with a $634/mo payment to leave $376/mo cash flow. Total monthly income runs $1,154/mo, and annual cash flow reaches $4,518/yr on $42,929 cash to close. Return on cash invested measures 30.43% in year one, and rental yield registers 10.69% at a $129,500 basis. Equity gained on principal adds $836/yr, and annual property appreciation at 5% supports $35,778 by year five. Five-year ROI tracks 159.06% and total cumulative return in cash totals $68,282. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,154/mo property income relative to a $634/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,662 sqft 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: Austin Fish • GO FISH REALTY
Mls Name: THAAR
Mls Provider:
Mls ID: #103931
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 2024 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2024-10-15 07:40:29 PDT