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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Terre Haute, IN
Listed for sale 3 days ago
$ 439,900
ROI
24.3
Cash Flow/m
556- 4 Bed
- 1 Bath
- 3199 sft
3859 S Anderson Dr, Terre Haute, IN, 47803
Listed for sale 5 days ago
$ 315,000
ROI
22.6Cash Flow/m
248- 3 Bed
- 2 Bath
- 1850 sft
3659 E Mirror Lake Ave, Terre Haute, IN, 47805
$ 164,900
ROI
31.5Cash Flow/m
540- 3 Bed
- 2 Bath
- 1152 sft
626 Francis Avenue Ct, Terre Haute, IN, 47804
$ 279,990
ROI
24.2Cash Flow/m
348- 3 Bed
- 2 Bath
- 1886 sft
3865 N Anderson Dr, Terre Haute, IN, 47803
Why Invest in Terre Haute, Indiana?
Terre Haute, IN condo investments offer stable returns in an affordable market with steady appreciation. Average rents around $1,000 support solid cash flow for multifamily units. Cap rates hover at 7-8% amid low vacancy and growing renter demand. Recent home value growth of 4.7% signals reliable appreciation potential. Employment from Indiana State University drives consistent occupancy. Competitive market dynamics favor quick leasing for condos.
8.5%
Avg. ROI
7.2%
Rental Yield
7.8%
Cap Rate
$450/mo
Avg. Cash Flow
$1013/mo
Avg. Rent
4.7%
1Y Appreciation
Frequently Asked Questions
Yes, condos offer 7-8% cap rates and steady rents around $1,000. University demand ensures low vacancy. Appreciation tracks 4.7% annually per market data.
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