1621 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
Investment property for sale in Terre Haute at 1621 S Albert Way, Terre Haute, IN, 47803 earns from $1,519/mo rent with a $1,395/mo payment. Total monthly income totals $1,519/mo. ROI tracks 17.47% on current figures, and rental yield reads 6.4% at a $285,000 purchase. Equity gained on principal adds $1,839/yr, and 5% annual appreciation supports $78,740 over five years. Five-year ROI reaches 89.56% and total cumulative return in cash sums $84,618. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,519/mo property income instead of your personal income.
Single Family
Built in 2026
6,534 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: ANDREA HOOPINGARNER • HOOSIER HOMES AND LAND
Mls Name: THAAR
Mls ID: #108203