2040 Plum StTerre 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 2040 Plum St, Terre Haute, IN, 47804 uses $38,786 cash to close to unlock $2,608/yr annual cash flow and $217/mo monthly cash flow. Total monthly income runs $920/mo, and a $573/mo payment keeps the spread at $217/mo. Purchase price stands at $117,000, and rental yield measures 9.44% with $920/mo rent. Return on cash invested shows 26.63% in year one, and 5% annual appreciation builds toward $32,325 over five years. Five-year ROI reaches 138.77% and total cumulative return in cash records $53,821. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $920/mo property income covering a $573/mo payment rather than investor’s personal income.
Single Family
Built in 1906
0.26 Acres 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: RODNEY B SNEATH • A & B HOMES
Mls Name: THAAR
Mls ID: #107722