9475 Grotto RdTerre HauteIN47805
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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
Investment property for sale in Terre Haute at 9475 Grotto Rd, Terre Haute, IN, 47805 uses $206,941 cash to close to unlock $454/yr annual cash flow and $38/mo monthly cash flow. Total monthly income runs $3,814/mo, and a $3,079/mo payment keeps the spread at $38/mo. Purchase price stands at $629,000, and rental yield measures 7.28% with $3,814/mo rent. Return on cash invested shows 20.28% in year one, and 5% annual appreciation builds toward $173,781 over five years. Five-year ROI reaches 104.55% and total cumulative return in cash records $216,357. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,814/mo property income covering a $3,079/mo payment rather than investor’s personal income.
Single Family
Built in 2023
4.60 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
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Listed by: JOHN HAMBLIN • REMAX R.E.A.
Mls Name: THAAR
Mls ID: #106339