139 W Main StCentervilleIN47330
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 139 W Main St, Centerville, IN, 47330 in Centerville speaks for itself: 10.9% gross on a $184,900 price, generating $1,680/mo in rent and $570/mo in net income after the $831/mo debt service. DSCR 2.02, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,841 stacks alongside $51,084 in projected five-year appreciation and $1,703/yr in principal reduction. Projected total cumulative return: $106,736.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 10.9% | 6.0% |
| Monthly Cash Flow | $570 | $250 |
City averages based on Centerville market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $1,680 |
| Total Monthly Debt Service | $1,036 |
| DSCR Ratio | 1.62x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 1900
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 1900
6,534 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Trish Smith • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls ID: #10052087