65 Ridgecrest CtTerre 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
Investment property for sale in Terre Haute at 65 Ridgecrest Ct, Terre Haute, IN, 47802 with 5% annual appreciation on a $375,000 basis while $2,771/mo rent supports operations. Total monthly income totals $2,771/mo and a $1,835/mo payment preserves $520/mo for cash returns. Annual cash flow comes to $6,244/yr on $124,313 deployed, and return on cash invested reaches 24.93% in year one. Equity gained on principal adds $2,420/yr, and five-year appreciation sums $103,606 alongside rental yield of 8.87%. Five-year ROI measures 129.55% and total cumulative return in cash totals $161,043.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,771/mo property income versus a $1,835/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1986
0.82 Acres 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: MADISON Wrin • CENTURY 21 ELITE
Mls Name: THAAR
Mls ID: #108175