86 Ferndale DrTerre 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 86 Ferndale Dr, Terre Haute, IN, 47803 priced at $409,000 pairs $2,587/mo rent with $132/mo cash flow after a $2,002/mo payment. Total monthly income equals $2,587/mo, and annual cash flow comes to $1,580/yr on $135,584 invested. Return on cash invested is 21.07% in year one, and rental yield stands at 7.59% on a $409,000 basis. Equity gained on principal adds $2,639/yr, and 5% annual appreciation accumulates to $112,999 by year five. Five-year ROI measures 108.85% and total cumulative return in cash reaches $147,585. For financing, Ziffy Mortgage’s DSCR program evaluates $2,587/mo property income against a $2,002/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2020
10,454 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 POHLMAN • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #108369