1818 Garfield AveTerre HauteIN47804
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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 1818 Garfield Ave, Terre Haute, IN, 47804 listed at $119,000 pairs $937/mo rent with a $582/mo payment to leave $223/mo cash flow. Total monthly income runs $937/mo, and annual cash flow reaches $2,677/yr on $39,449 cash to close. Return on cash invested measures 26.7% in year one, and rental yield registers 9.45% at a $119,000 basis. Equity gained on principal adds $768/yr, and annual property appreciation at 5% supports $32,878 by year five. Five-year ROI tracks 139.12% and total cumulative return in cash totals $54,881. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $937/mo property income relative to a $582/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
5,680 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47804, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,791 (100%) |
| Owner Occupied HU | 2,447 (51.1%) |
| Renter Occupied HU | 1,735 (36.2%) |
| Vacant Housing Units | 609 (12.7%) |
| Median Home Value | $98,003 |
| Average Home Value | $144,449 |
Housing Distribution
Address Breakdown
Residential
4,612
Single Family
4,271
Multi-Family
341
Businesses
354
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Listed by: JAMES THOMAS • FIRST CHOICE REALTORS
Mls Name: THAAR
Mls ID: #108320