2201 Cross LnTerre HauteIN47805
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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 2201 Cross Ln, Terre Haute, IN, 47805 uses $41,404 cash to close to unlock $2,563/yr annual cash flow and $214/mo monthly cash flow. Total monthly income runs $963/mo, and a $611/mo payment keeps the spread at $214/mo. Purchase price stands at $124,900, and rental yield measures 9.25% with $963/mo rent. Return on cash invested shows 26.1% in year one, and 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 135.86% and total cumulative return in cash records $56,254. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $963/mo property income covering a $611/mo payment rather than investor’s personal income.
Single Family
Built in 1920
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47805, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,701 (100%) |
| Owner Occupied HU | 4,194 (73.6%) |
| Renter Occupied HU | 1,172 (20.6%) |
| Vacant Housing Units | 335 ( 5.9%) |
| Median Home Value | $168,028 |
| Average Home Value | $217,341 |
Housing Distribution
Address Breakdown
Residential
5,548
Single Family
5,548
Multi-Family
0
Businesses
236
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Listed by: JILL L HANNAH • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #108159