5552 E Devonald AveTerre HauteIN47805
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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 5552 E Devonald Ave, Terre Haute, IN, 47805 uses $95,141 cash to close to unlock $2,663/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,945/mo, and a $1,405/mo payment keeps the spread at $222/mo. Purchase price stands at $287,000, and rental yield measures 8.13% with $1,945/mo rent. Return on cash invested shows 22.71% in year one, and 5% annual appreciation builds toward $79,293 over five years. Five-year ROI reaches 117.6% and total cumulative return in cash records $111,886. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,945/mo property income covering a $1,405/mo payment rather than investor’s personal income.
Single Family
Built in 1984
12.18 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47805, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,701 (100%) |
| Owner Occupied HU | 4,194 (73.6%) |
| Renter Occupied HU | 1,172 (20.6%) |
| Vacant Housing Units | 335 ( 5.9%) |
| Median Home Value | $168,028 |
| Average Home Value | $217,341 |
Housing Distribution
Address Breakdown
Residential
5,548
Single Family
5,548
Multi-Family
0
Businesses
236
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Listed by: Herb Gauer • REMAX R.E.A.
Mls Name: THAAR
Mls Provider:
Mls ID: #105813
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-04-22 07:02:28 PDT