2137 Putnam StTerre 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 2137 Putnam St, Terre Haute, IN, 47803 offers $1,507/mo rent that, after a $850/mo payment, leaves $465/mo cash flow. Total monthly income is $1,507/mo, and annual cash flow is $5,575/yr on $57,548 cash. Return on cash invested measures 29.6% in year one, and rental yield stands at 10.42% at a $173,600 entry. Equity gained on principal adds $1,120/yr while 5% annual appreciation compounds into $47,962 by year five. Five-year ROI records 154.57% and total cumulative return in cash reaches $88,955. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,507/mo property income versus a $850/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2008
5,016 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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Nearby investment properties with comparable prices
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