1620 S Albert WayTerre 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
Rental property for sale in Terre Haute at 1620 S Albert Way, Terre Haute, IN, 47803 generates $2,470/mo in rent and, after a $1,429/mo payment, leaves $717/mo in cash flow. Total monthly income is $2,470/mo, and annual cash flow is $8,608/yr on $96,798 invested. Return on cash invested sits at 28.8% in year one, and rental yield is 10.15% on a $292,000 entry. Equity gained on principal adds $1,884/yr, while 5% annual appreciation builds toward $80,674 over five years. Five-year ROI reaches 150.31% and total cumulative return in cash sums $145,496. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,470/mo property income rather than buyer’s personal income.
Home Type Unknown
Built in N/A
6,969 sqft 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: N/A • N/A
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