3948 N 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 3948 N Anderson Dr, Terre Haute, IN, 47803 uses $114,334 cash to close to unlock $3,621/yr annual cash flow and $302/mo monthly cash flow. Total monthly income runs $2,372/mo, and a $1,688/mo payment keeps the spread at $302/mo. Purchase price stands at $344,900, and rental yield measures 8.25% with $2,372/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $95,290 over five years. Five-year ROI reaches 119.58% and total cumulative return in cash records $136,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,372/mo property income covering a $1,688/mo payment rather than investor’s personal income.
Condo
Built in 2022
1,742 sqft 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: MANDY K BAESLER • Berkshire Hathaway HomeServices Newlin-Miller REALTORS
Mls Name: THAAR
Mls ID: #108487