651 E Curry DrTerre 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
Rental property for sale in Terre Haute at 651 E Curry Dr, Terre Haute, IN, 47802 priced at $244,900 converts $1,806/mo rent into $336/mo cash flow after a $1,199/mo obligation. Total monthly income equals $1,806/mo, and annual cash flow totals $4,027/yr on $81,184 invested. Return on cash invested prints 24.87% in year one, and rental yield reads 8.85% against a $244,900 entry. Equity gained on principal adds $1,580/yr, while 5% annual appreciation compiles into $67,661 by year five. Five-year ROI reaches 129.21% and total cumulative return in cash sums $104,897. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,806/mo property income covering a $1,199/mo payment, not borrower’s personal income.
Single Family
Built in 1934
0.92 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: JOHN HAMBLIN • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #107404