745 W Candlewick CirWest Terre HauteIN47885
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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 West Terre Haute at 745 W Candlewick Cir, West Terre Haute, IN, 47885 priced at $255,100 converts $954/mo rent into after a $1,249/mo obligation. Total monthly income equals $954/mo. Return on cash invested prints 11.71% in year one, and rental yield reads 4.49% against a $255,100 entry. Equity gained on principal adds $1,646/yr, while 5% annual appreciation compiles into $70,479 by year five. Five-year ROI reaches 58.68% and total cumulative return in cash sums $49,623. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $954/mo property income covering a $1,249/mo payment, not borrower’s personal income.
Single Family
Built in 1969
1.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47885, West Terre Haute, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,723 (100%) |
| Owner Occupied HU | 2,742 (73.7%) |
| Renter Occupied HU | 698 (18.7%) |
| Vacant Housing Units | 283 ( 7.6%) |
| Median Home Value | $170,000 |
| Average Home Value | $191,537 |
Housing Distribution
Address Breakdown
Residential
3,727
Single Family
3,580
Multi-Family
147
Businesses
153
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