4586 Caroline Grace LnTerre HauteIN47802
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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 4586 Caroline Grace Ln, Terre Haute, IN, 47802 priced at $415,000 pairs $2,801/mo rent with $310/mo cash flow after a $2,031/mo payment. Total monthly income equals $2,801/mo, and annual cash flow comes to $3,720/yr on $137,573 invested. Return on cash invested is 22.61% in year one, and rental yield stands at 8.1% on a $415,000 basis. Equity gained on principal adds $2,678/yr, and 5% annual appreciation accumulates to $114,657 by year five. Five-year ROI measures 117.13% and total cumulative return in cash reaches $161,145. For financing, Ziffy Mortgage’s DSCR program evaluates $2,801/mo property income against a $2,031/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47802, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 15,234 (100%) |
| Owner Occupied HU | 8,249 (54.1%) |
| Renter Occupied HU | 5,649 (37.1%) |
| Vacant Housing Units | 1,336 ( 8.8%) |
| Median Home Value | $191,284 |
| Average Home Value | $256,820 |
Housing Distribution
Address Breakdown
Residential
14,491
Single Family
13,433
Multi-Family
1,058
Businesses
1,155
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Listed by: RYAN BAKER • RICK JENKINS CONST
Mls Name: THAAR
Mls ID: #108386