942 N Bennett PlWest 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 942 N Bennett Pl, West Terre Haute, IN, 47885 offers $1,556/mo rent that, after a $639/mo payment, leaves $772/mo cash flow. Total monthly income is $1,556/mo, and annual cash flow is $9,268/yr on $43,261 cash. Return on cash invested measures 41.33% in year one, and rental yield stands at 14.31% at a $130,500 entry. Equity gained on principal adds $842/yr while 5% annual appreciation compounds into $36,055 by year five. Five-year ROI records 217.56% and total cumulative return in cash reaches $94,120. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,556/mo property income versus a $639/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Home Type Unknown
Built in 1903
0.25 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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Listed by: N/A • N/A
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