3872 S Anderson DrTerre 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 3872 S Anderson Dr, Terre Haute, IN, 47803 offers a 9.83% rental yield on a $289,990 purchase with $2,376/mo rent. Total monthly income registers $2,376/mo, and a $1,419/mo payment leaves $636/mo available for distribution. Annual cash flow reaches $7,627/yr on $96,132 to close, and return on cash invested stands at 27.84% in year one. Equity gained on principal adds $1,871/yr while 5% annual appreciation supports $80,119 over five years. Portfolio math shows five-year ROI at 145.15% and total cumulative return in cash at $139,537. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,376/mo property income against a $1,419/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Condo
Built in 2019
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: #102050