2932 Dean AveTerre 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
Investment property for sale in Terre Haute at 2932 Dean Ave, Terre Haute, IN, 47803 uses $37,128 cash to close to unlock $2,074/yr annual cash flow and $173/mo monthly cash flow. Total monthly income runs $845/mo, and a $548/mo payment keeps the spread at $173/mo. Purchase price stands at $112,000, and rental yield measures 9.05% with $845/mo rent. Return on cash invested shows 25.5% in year one, and 5% annual appreciation builds toward $30,944 over five years. Five-year ROI reaches 132.59% and total cumulative return in cash records $49,227. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $845/mo property income covering a $548/mo payment rather than investor’s personal income.
Single Family
Built in 1920
4,791 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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Listed by: SHARI RITCHEY • RITCHEY REAL ESTATE LLC
Mls Name: THAAR
Mls ID: #108169