415 W Miller Ave WWest Terre HauteIN47885
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
Investment property for sale in West Terre Haute at 415 W Miller Ave W, West Terre Haute, IN, 47885 at $105,000 posts ROI 26.34% with $187/mo cash flow from $817/mo rent. Total monthly income equals $817/mo, and annual cash flow records $2,239/yr on $34,808 to close. Return on cash invested measures 26.34% and rental yield reads 9.34% at the current $105,000. Equity gained on principal adds $678/yr, and 5% annual appreciation supports $29,010 by year five. Five-year ROI prints 137.18% and total cumulative return in cash totals $47,750.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $817/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1901
0.33 Acres 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: LISA TEGARDEN • THE REAL ESTATE CONNECTION
Mls Name: THAAR
Mls ID: #108163