3278 N Pointe Ave, Terre Haute, IN, 47805 | $761/mo Cash Flow

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3278 N Pointe Ave, Terre Haute, IN, 47805 | $761/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Terre Haute at 3278 N Pointe Ave, Terre Haute, IN, 47805 listed at $289,000 pairs $2,496/mo rent with a $1,415/mo payment to leave $761/mo cash flow. Total monthly income runs $2,496/mo, and annual cash flow reaches $9,128/yr on $95,804 cash to close. Return on cash invested measures 29.44% in year one, and rental yield registers 10.36% at a $289,000 basis. Equity gained on principal adds $1,865/yr, and annual property appreciation at 5% supports $79,845 by year five. Five-year ROI tracks 153.69% and total cumulative return in cash totals $147,242. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,496/mo property income relative to a $1,415/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2006

8,712 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 3278 North Pointe Ave, a beautifully maintained 4 bed, 3 full bath home located in the highly sought-after North Pointe sub. With 2,416 sq feet of living space, this property offers the perfect blend of comfort, style, & practicality, making it ideal for families, or anyone looking for room to grow. Step inside to discover an open-concept living area bathed in natural light. The expansive living room flows into the dining area, creating a perfect layout for everyday living.The kitchen features modern appliances, and plenty of cabinetry to meet all your cooking & storage needs. The main level features a large master suite, two more bedrooms and a laundry room. The finished basement adds an incredible amount of value, with ample living space & its own ensuite bedroom. This versatile area can serve as a guest suite, home theater, game/craft room, or whatever suits your needs. Outside, the fully fenced backyard is perfect for outdoor activities, or gardening. New HVAC in 2020. Dont miss your chance to own this exceptional home!

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