4716 Jennah WayTerre HauteIN47802
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
Rental property for sale in Terre Haute at 4716 Jennah Way, Terre Haute, IN, 47802 generates $986/mo in rent, after a $1,640/mo payment. Total monthly income is $986/mo. Return on cash invested sits at 8.83% in year one, and rental yield is 3.53% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 43.19% and total cumulative return in cash sums $47,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $986/mo property income rather than buyer’s personal income.
Condo
Built in 2019
8,276 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Pohlman • RE/MAX Real Estate Associates
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22064266