2875 S Brown AveTerre 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 2875 S Brown Ave, Terre Haute, IN, 47802 offers a 8.43% rental yield on a $399,800 purchase with $2,808/mo rent. Total monthly income registers $2,808/mo, and a $1,957/mo payment leaves $408/mo available for distribution. Annual cash flow reaches $4,895/yr on $132,534 to close, and return on cash invested stands at 23.6% in year one. Equity gained on principal adds $2,580/yr while 5% annual appreciation supports $110,457 over five years. Portfolio math shows five-year ROI at 122.39% and total cumulative return in cash at $162,205. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,808/mo property income against a $1,957/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1992
0.62 Acres 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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