4691 Summerset DrTerre 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
Investment property for sale in Terre Haute at 4691 Summerset Dr, Terre Haute, IN, 47803 uses $129,252 cash to close to unlock $1,858/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $2,495/mo, and a $1,908/mo payment keeps the spread at $155/mo. Purchase price stands at $389,900, and rental yield measures 7.68% with $2,495/mo rent. Return on cash invested shows 21.35% in year one, and 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 110.3% and total cumulative return in cash records $142,561. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,495/mo property income covering a $1,908/mo payment rather than investor’s personal income.
Single Family
Built in 1979
0.43 Acres 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: KYLE TONEY • Berkshire Hathaway HomeServices Newlin-Miller REALTORS
Mls Name: THAAR
Mls ID: #107844