1326 Locust 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
Rental property for sale in Terre Haute at 1326 Locust St, Terre Haute, IN, 47807 generates $816/mo in rent and, after a $514/mo payment, leaves $186/mo in cash flow. Total monthly income is $816/mo, and annual cash flow is $2,227/yr on $34,808 invested. Return on cash invested sits at 26.31% in year one, and rental yield is 9.33% on a $105,000 entry. Equity gained on principal adds $678/yr, while 5% annual appreciation builds toward $29,010 over five years. Five-year ROI reaches 136.98% and total cumulative return in cash sums $47,678. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $816/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
10,018 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
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Listed by: KELSEY RICH • THE REAL ESTATE CONNECTION
Mls Name: THAAR
Mls ID: #107811