401 W Suncrest Wood Ave WWest Terre HauteIN47885
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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 West Terre Haute at 401 W Suncrest Wood Ave W, West Terre Haute, IN, 47885 offers a 10.57% rental yield on a $369,900 purchase with $3,257/mo rent. Total monthly income registers $3,257/mo, and a $1,810/mo payment leaves $1,037/mo available for distribution. Annual cash flow reaches $12,444/yr on $122,622 to close, and return on cash invested stands at 30.06% in year one. Equity gained on principal adds $2,387/yr while 5% annual appreciation supports $102,197 over five years. Portfolio math shows five-year ROI at 157.05% and total cumulative return in cash at $192,574. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,257/mo property income against a $1,810/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1989
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47885, West Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,723 (100%) |
| Owner Occupied HU | 2,742 (73.7%) |
| Renter Occupied HU | 698 (18.7%) |
| Vacant Housing Units | 283 ( 7.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $191,537 |
Housing Distribution
Address Breakdown
Residential
3,727
Single Family
3,580
Multi-Family
147
Businesses
153
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Listed by: Jeff Jewell • Newlin-Miller, REALTORS
Mls Name: BHHS broker feed
Mls ID: #106554