341 White Oak LnTerre 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
Investment property for sale in Terre Haute at 341 White Oak Ln, Terre Haute, IN, 47804 with 5% annual appreciation on a $126,500 basis while $991/mo rent supports operations. Total monthly income totals $991/mo and a $619/mo payment preserves $232/mo for cash returns. Annual cash flow comes to $2,781/yr on $41,935 deployed, and return on cash invested reaches 26.54% in year one. Equity gained on principal adds $816/yr, and five-year appreciation sums $34,950 alongside rental yield of 9.4%. Five-year ROI measures 138.2% and total cumulative return in cash totals $57,956.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $991/mo property income versus a $619/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Condo
Built in 1986
20 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: WHITNI SCOTT • CENTURY 21 ELITE
Mls Name: THAAR
Mls ID: #108312