1350 Brooks AveTerre HauteIN47803
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1350 Brooks Ave, Terre Haute, IN, 47803 at $180,000 posts ROI 25.56% with $281/mo cash flow from $1,377/mo rent. Total monthly income equals $1,377/mo, and annual cash flow records $3,374/yr on $59,670 to close. Return on cash invested measures 25.56% and rental yield reads 9.18% at the current $180,000. Equity gained on principal adds $1,162/yr, and 5% annual appreciation supports $49,731 by year five. Five-year ROI prints 133.1% and total cumulative return in cash totals $79,421.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,377/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1963
1.14 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: Herb Gauer • REMAX R.E.A.
Mls Name: THAAR
Mls Provider:
Mls ID: #103995
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