458 S Dobbs Glen StTerre 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
Rental property for sale in Terre Haute at 458 S Dobbs Glen St, Terre Haute, IN, 47803 offers $3,046/mo rent that, after a $1,757/mo payment, leaves $891/mo cash flow. Total monthly income is $3,046/mo, and annual cash flow is $10,693/yr on $119,009 cash. Return on cash invested measures 28.89% in year one, and rental yield stands at 10.18% at a $359,000 entry. Equity gained on principal adds $2,317/yr while 5% annual appreciation compounds into $99,185 by year five. Five-year ROI records 150.81% and total cumulative return in cash reaches $179,479. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,046/mo property income versus a $1,757/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
8,712 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: MADISON Wrin • CENTURY 21 ELITE
Mls Name: THAAR
Mls ID: #107278