1332 Waters Edge CtTerre HauteIN47803
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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 1332 Waters Edge Ct, Terre Haute, IN, 47803 offers a 9.45% rental yield on a $310,000 purchase with $2,440/mo rent. Total monthly income registers $2,440/mo, and a $1,517/mo payment leaves $579/mo available for distribution. Annual cash flow reaches $6,953/yr on $102,765 to close, and return on cash invested stands at 26.67% in year one. Equity gained on principal adds $2,000/yr while 5% annual appreciation supports $85,647 over five years. Portfolio math shows five-year ROI at 138.89% and total cumulative return in cash at $142,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,440/mo property income against a $1,517/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47803, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,146 (100%) |
| Owner Occupied HU | 6,317 (62.3%) |
| Renter Occupied HU | 3,037 (29.9%) |
| Vacant Housing Units | 792 ( 7.8%) |
| Median Home Value | $165,552 |
| Average Home Value | $212,735 |
Housing Distribution
Address Breakdown
Residential
9,900
Single Family
9,709
Multi-Family
191
Businesses
605
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Listed by: Lynda Miller • Berkshire Hathaway HomeServices Newlin-Miller REALTORS
Mls Name: THAAR
Mls Provider:
Mls ID: #106186
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: 2025-05-01 07:33:18 PDT