1400 W Lakewood Ave WWest Terre HauteIN47885
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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 West Terre Haute at 1400 W Lakewood Ave W, West Terre Haute, IN, 47885 earns $556/mo cash flow from $4,625/mo rent with a $3,313/mo payment. Total monthly income totals $4,625/mo, and annual cash flow totals $6,667/yr on $222,700 capital. ROI tracks 23.05% on current figures, and rental yield reads 8.2% at a $676,900 purchase. Equity gained on principal adds $4,368/yr, and 5% annual appreciation supports $187,015 over five years. Five-year ROI reaches 119.44% and total cumulative return in cash sums $265,991. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,625/mo property income instead of your personal income.
Single Family
Built in 1995
9.05 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47885, West Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,723 (100%) |
| Owner Occupied HU | 2,742 (73.7%) |
| Renter Occupied HU | 698 (18.7%) |
| Vacant Housing Units | 283 ( 7.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $191,537 |
Housing Distribution
Address Breakdown
Residential
3,727
Single Family
3,580
Multi-Family
147
Businesses
153
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