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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Centerville at 1209 E Main St, Centerville, IN, 47330 generates $1,465/mo in rent and, after a $1,052/mo payment, leaves $175/mo in cash flow. Total monthly income is $1,465/mo, and annual cash flow is $2,097/yr on $71,273 invested. Return on cash invested sits at 22.85% in year one, and rental yield is 8.18% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 over five years. Five-year ROI reaches 118.36% and total cumulative return in cash sums $84,361. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,465/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47330, Centerville, IN area.
| 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 |
Residential
2,334
Single Family
2,334
Multi-Family
0
Businesses
143
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kim Claypoole • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls ID: #10051989
