3501 Charlie LnTerre hauteIN47805
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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 3501 Charlie Ln, Terre haute, IN, 47805 uses $140,854 cash to close to unlock $8,101/yr annual cash flow and $675/mo monthly cash flow. Total monthly income runs $3,226/mo, and a $2,080/mo payment keeps the spread at $675/mo. Purchase price stands at $424,900, and rental yield measures 9.11% with $3,226/mo rent. Return on cash invested shows 25.66% in year one, and 5% annual appreciation builds toward $117,392 over five years. Five-year ROI reaches 133.47% and total cumulative return in cash records $188,001. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,226/mo property income covering a $2,080/mo payment rather than investor’s personal income.
Single Family
Built in 2005
N/A lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
5,548
Single Family
5,548
Multi-Family
0
Businesses
236
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Listed by: Mandy Baesler • Newlin-Miller, REALTORS
Mls Name: BHHS broker feed
Mls ID: #107104