611 Woodland CirWest Terre HauteIN47885
INVESTMENT ANALYSIS
Investment Verdict
Solid IncomeThis West Terre Haute rental at 611 Woodland Cir, West Terre Haute, IN, 47885 sits in the solid-income band: 8.67% gross yield, $1,720/mo rent, $292/mo net after the $1,070/mo debt service, DSCR 1.61. Entry price of $237,900 is well-calibrated for the income it produces. Ziffy Mortgage finances this type of asset on rental income alone, no tax returns, no U.S. credit profile. Projected five-year appreciation of $65,727 and $2,191/yr in principal reduction bring total cumulative return to $108,828.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 8.7% | 15.0% |
| Monthly Cash Flow | $292 | $300 |
City averages based on West Terre Haute market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,720 |
| Total Monthly Debt Service | $1,333 |
| DSCR Ratio | 1.29x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1969
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47885, West Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,723 (100%) |
| Owner Occupied HU | 2,742 (73.7%) |
| Renter Occupied HU | 698 (18.7%) |
| Vacant Housing Units | 283 ( 7.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $191,537 |
Housing Distribution
Address Breakdown
Residential
3,727
Single Family
3,580
Multi-Family
147
Businesses
153
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
Single Family
Built in 1969
0.76 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47885, West Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,723 (100%) |
| Owner Occupied HU | 2,742 (73.7%) |
| Renter Occupied HU | 698 (18.7%) |
| Vacant Housing Units | 283 ( 7.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $191,537 |
Housing Distribution
Address Breakdown
Residential
3,727
Single Family
3,580
Multi-Family
147
Businesses
153
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: BOBBI BURNS • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #108503