451 Francis Avenue CtTerre HauteIN47804
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowSolid fundamentals define the investment case at 451 Francis Avenue Ct, Terre Haute, IN, 47804 in Terre Haute: $1,247/mo in rent, $377/mo in net income, 10.33% gross yield, 1.91 DSCR, all at $144,900. Ziffy Mortgage's DSCR mortgage qualifies using the property's income alone, clearing approval without U.S. residency or credit. Five-year equity from $40,033 in appreciation and $1,335/yr in principal paydown projects total cumulative return of $79,117.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.3% | 7.5% |
| Monthly Cash Flow | $377 | $450 |
City averages based on Terre Haute market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,247 |
| Total Monthly Debt Service | $812 |
| DSCR Ratio | 1.54x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47804, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,791 (100%) |
| Owner Occupied HU | 2,447 (51.1%) |
| Renter Occupied HU | 1,735 (36.2%) |
| Vacant Housing Units | 609 (12.7%) |
| Median Home Value | $98,003 |
| Average Home Value | $144,449 |
Housing Distribution
Address Breakdown
Residential
4,612
Single Family
4,271
Multi-Family
341
Businesses
354
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
Condo
Built in 1983
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47804, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,791 (100%) |
| Owner Occupied HU | 2,447 (51.1%) |
| Renter Occupied HU | 1,735 (36.2%) |
| Vacant Housing Units | 609 (12.7%) |
| Median Home Value | $98,003 |
| Average Home Value | $144,449 |
Housing Distribution
Address Breakdown
Residential
4,612
Single Family
4,271
Multi-Family
341
Businesses
354
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: JENNY JONES • NEW BEGINNINGS REALTY AND PROPERTY MANAGEMENT
Mls Name: THAAR
Mls ID: #108519