108 S 3rd StCentervilleIN47330
Nearby investment properties with comparable rents
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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 Centerville at 108 S 3rd St, Centerville, IN, 47330 offers a 10.92% rental yield on a $126,400 purchase with $1,150/mo rent. Total monthly income registers $1,150/mo, and a $619/mo payment leaves $391/mo available for distribution. Annual cash flow reaches $4,691/yr on $41,902 to close, and return on cash invested stands at 31.1% in year one. Equity gained on principal adds $816/yr while 5% annual appreciation supports $34,922 over five years. Portfolio math shows five-year ROI at 162.64% and total cumulative return in cash at $68,148. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,150/mo property income against a $619/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,878 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47330, Centerville, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,348 (100%) |
| Owner Occupied HU | 1,704 (72.6%) |
| Renter Occupied HU | 443 (18.9%) |
| Vacant Housing Units | 201 ( 8.6%) |
| Median Home Value | $202,537 |
| Average Home Value | $240,484 |
Housing Distribution
Address Breakdown
Residential
2,334
Single Family
2,334
Multi-Family
0
Businesses
143
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Nearby investment properties with comparable prices
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