3788 Anderson Dr NTerre 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 3788 Anderson Dr N, Terre Haute, IN, 47803 uses $108,401 cash to close to unlock $4,975/yr annual cash flow and $415/mo monthly cash flow. Total monthly income runs $2,378/mo, and a $1,601/mo payment keeps the spread at $415/mo. Purchase price stands at $327,000, and rental yield measures 8.73% with $2,378/mo rent. Return on cash invested shows 24.5% in year one, and 5% annual appreciation builds toward $90,344 over five years. Five-year ROI reaches 127.22% and total cumulative return in cash records $137,909. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,378/mo property income covering a $1,601/mo payment rather than investor’s personal income.
Condo
Built in 2020
N/A 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: CAMI LITTLE • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #107974