263 Francis Avenue CtTerre 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
Rental property for sale in Terre Haute at 263 Francis Avenue Ct, Terre Haute, IN, 47804 priced at $135,500 converts $1,201/mo rent into $386/mo cash flow after a $663/mo obligation. Total monthly income equals $1,201/mo, and annual cash flow totals $4,636/yr on $44,918 invested. Return on cash invested prints 30.23% in year one, and rental yield reads 10.64% against a $135,500 entry. Equity gained on principal adds $874/yr, while 5% annual appreciation compiles into $37,436 by year five. Five-year ROI reaches 158.05% and total cumulative return in cash sums $70,994. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,201/mo property income covering a $663/mo payment, not borrower’s personal income.
Condo
Built in 1991
2,500 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: Betty Lanke • REMAX R.E.A.
Mls Name: THAAR
Mls Provider:
Mls ID: #105933
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-04-02 08:17:27 PDT