38 AllendaleTerre hauteIN47802
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Terre haute at 38 Allendale, Terre haute, IN, 47802 priced at $294,200 converts $2,543/mo rent into $751/mo cash flow after a $1,440/mo obligation. Total monthly income equals $2,543/mo, and annual cash flow totals $9,008/yr on $97,527 invested. Return on cash invested prints 29.15% in year one, and rental yield reads 10.37% against a $294,200 entry. Equity gained on principal adds $1,898/yr, while 5% annual appreciation compiles into $81,282 by year five. Five-year ROI reaches 152.24% and total cumulative return in cash sums $148,479. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,543/mo property income covering a $1,440/mo payment, not borrower’s personal income.
Single Family
Built in 1969
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47802, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,234 (100%) |
| Owner Occupied HU | 8,249 (54.1%) |
| Renter Occupied HU | 5,649 (37.1%) |
| Vacant Housing Units | 1,336 ( 8.8%) |
| Median Home Value | $191,284 |
| Average Home Value | $256,820 |
Housing Distribution
Address Breakdown
Residential
14,491
Single Family
13,433
Multi-Family
1,058
Businesses
1,155
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A