2531 S 1st StTerre HauteIN47802
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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 2531 S 1st St, Terre Haute, IN, 47802 uses $38,123 cash to close to unlock $2,286/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $881/mo, and a $563/mo payment keeps the spread at $191/mo. Purchase price stands at $115,000, and rental yield measures 9.19% with $881/mo rent. Return on cash invested shows 25.91% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 134.84% and total cumulative return in cash records $51,405. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $881/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47802, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,234 (100%) |
| Owner Occupied HU | 8,249 (54.1%) |
| Renter Occupied HU | 5,649 (37.1%) |
| Vacant Housing Units | 1,336 ( 8.8%) |
| Median Home Value | $191,284 |
| Average Home Value | $256,820 |
Housing Distribution
Address Breakdown
Residential
14,491
Single Family
13,433
Multi-Family
1,058
Businesses
1,155
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Listed by: MADISON STURGEON • CENTURY 21 ELITE
Mls Name: THAAR
Mls ID: #106929