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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% |
Investment property for sale in Centerpoint at 1469 S Saline 3rd St, Centerpoint, IN, 47840 earns from $911/mo rent with a $954/mo payment. Total monthly income totals $911/mo. ROI tracks 15.1% on current figures, and rental yield reads 5.61% at a $195,000 purchase. Equity gained on principal adds $1,258/yr, and 5% annual appreciation supports $53,875 over five years. Five-year ROI reaches 76.79% and total cumulative return in cash sums $49,642. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $911/mo property income instead of your personal income.
Manufactured
Built in 2024
0.58 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47840, Centerpoint, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 504 (76.1%) |
| Renter Occupied HU | 92 (13.9%) |
| Vacant Housing Units | 66 ( 10.0%) |
| Median Home Value | $199,219 |
| Average Home Value | $255,640 |
Residential
592
Single Family
592
Multi-Family
0
Businesses
31
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Price change | $195,000 |
| 2025-02-03 | Listed for sale | $209,000 |
| 2023-06-15 | Sold | $20,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Michelle Stanger • STANGER HOMES, LLC
Mls Name: THAAR
Mls Provider:
Mls ID: #106490
Disclaimer: The data relating to real estate for sale on this web site comes in part from the Internet Data exchange (IDX) program of the Terre Haute Area Association of Realtors. IDX information is provided exclusively for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information deemed reliable but not guaranteed. Copyright 2025 Terre Haute Area Association of Realtors. All Rights Reserved. Last Updated: 2025-06-03 07:56:21 PDT
