692 Powder Horn CtTerre HauteIN47803
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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 692 Powder Horn Ct, Terre Haute, IN, 47803 priced at $295,000 pairs $2,065/mo rent with $294/mo cash flow after a $1,444/mo payment. Total monthly income equals $2,065/mo, and annual cash flow comes to $3,528/yr on $97,793 invested. Return on cash invested is 23.52% in year one, and rental yield stands at 8.4% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 122% and total cumulative return in cash reaches $119,306. For financing, Ziffy Mortgage’s DSCR program evaluates $2,065/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1993
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47803, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,146 (100%) |
| Owner Occupied HU | 6,317 (62.3%) |
| Renter Occupied HU | 3,037 (29.9%) |
| Vacant Housing Units | 792 ( 7.8%) |
| Median Home Value | $165,552 |
| Average Home Value | $212,735 |
Housing Distribution
Address Breakdown
Residential
9,900
Single Family
9,709
Multi-Family
191
Businesses
605
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Listed by: JENNIFER L ATTERSON • CENTURY 21 ELITE
Mls Name: THAAR
Mls ID: #108231