7150 Nichole CtTerre HauteIN47805
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
Investment Highlights
Investment property for sale in Terre Haute at 7150 Nichole Ct, Terre Haute, IN, 47805 offers a 8.98% rental yield on a $525,000 purchase with $3,929/mo rent. Total monthly income registers $3,929/mo, and a $2,570/mo payment leaves $777/mo available for distribution. Annual cash flow reaches $9,325/yr on $172,725 to close, and return on cash invested stands at 25.46% in year one. Equity gained on principal adds $3,388/yr while 5% annual appreciation supports $145,048 over five years. Portfolio math shows five-year ROI at 132.35% and total cumulative return in cash at $228,609. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,929/mo property income against a $2,570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2015
0.91 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: LYNDA MILLER • Berkshire Hathaway HomeServices Newlin-Miller REALTORS
Mls Name: THAAR
Mls ID: #107473