1543 3rd AveTerre 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
Investment property for sale in Terre Haute at 1543 3rd Ave, Terre Haute, IN, 47807 uses $38,089 cash to close to unlock $4,892/yr annual cash flow and $408/mo monthly cash flow. Total monthly income runs $1,097/mo, and a $562/mo payment keeps the spread at $408/mo. Purchase price stands at $114,900, and rental yield measures 11.46% with $1,097/mo rent. Return on cash invested shows 32.75% in year one, and 5% annual appreciation builds toward $31,745 over five years. Five-year ROI reaches 171.49% and total cumulative return in cash records $65,318. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,097/mo property income covering a $562/mo payment rather than investor’s personal income.
Single Family
Built in 1895
5,227 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: TRACEY SYMON • NEXTHOME REAL ESTATE CONNECTIONS
Mls Name: THAAR
Mls ID: #108400