718 S 17th StTerre HauteIN47807
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
Rental property for sale in Terre Haute at 718 S 17th St, Terre Haute, IN, 47807 generates $1,507/mo in rent and, after a $822/mo payment, leaves $499/mo in cash flow. Total monthly income is $1,507/mo, and annual cash flow is $5,987/yr on $55,659 invested. Return on cash invested sits at 30.67% in year one, and rental yield is 10.77% on a $167,900 entry. Equity gained on principal adds $1,083/yr, while 5% annual appreciation builds toward $46,388 over five years. Five-year ROI reaches 160.27% and total cumulative return in cash sums $89,206. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,507/mo property income rather than buyer’s personal income.
Single Family
Built in 1905
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47807, Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 6,184 (100%) |
| Owner Occupied HU | 1,392 (22.5%) |
| Renter Occupied HU | 3,487 (56.4%) |
| Vacant Housing Units | 1,305 (21.1%) |
| Median Home Value | $70,547 |
| Average Home Value | $104,542 |
Housing Distribution
Address Breakdown
Residential
5,957
Single Family
5,024
Multi-Family
933
Businesses
788
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: ABIGAIL MEEHAN • Berkshire Hathaway HomeServices Newlin-Miller REALTORS
Mls Name: THAAR
Mls ID: #108359