151 Center St, Avoca, IN, 47420 | $280/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

151 Center St, Avoca, IN, 47420 | $280/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

2 Bed
2 Bath
2706 sft

5851 Peeks Rd, Shoals, IN, 47581

3 Bed
2 Bath
1200 sft

214 S Cedar St, Loogootee, IN, 47553

4 Bed
2 Bath
1671 sft

100 Wood St, Loogootee, IN, 47553

4 Bed
1 Bath
1776 sft

1338 Butterfly Ln, Bedford, IN, 47421

Nearby investment properties with comparable prices

3 Bed
3 Bath
1440 sft

8040 S Prestwick Dr, Newberry, IN, 47449

3 Bed
3 Bath
1440 sft

7990 S Prestwick Dr, Newberry, IN, 47449

3 Bed
3 Bath
1440 sft

7944 S Prestwick Dr, Newberry, IN, 47449

3 Bed
3 Bath
1440 sft

8092 S Prestwick Dr, Newberry, IN, 47449

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Avoca at 151 Center St, Avoca, IN, 47420 at $219,900 posts ROI 24.52% with $280/mo cash flow from $1,600/mo rent. Total monthly income equals $1,600/mo, and annual cash flow records $3,363/yr on $72,897 to close. Return on cash invested measures 24.52% and rental yield reads 8.73% at the current $219,900. Equity gained on principal adds $1,419/yr, and 5% annual appreciation supports $60,754 by year five. Five-year ROI prints 127.39% and total cumulative return in cash totals $92,860.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,600/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Manufactured

Built in 1987

0.62 Acres lot

$N/A/sqft

No HOA

More details about the property

TAKE A LOOK AT THIS LOVELY HOME IN A GREAT LOCATION WITH EASY ACCESS TO BEDFORD, CRANE AND BLOOMINGTON AREAS. THIS LOVELY 4 BEDROOM, 2 FULL BATHROOM HOME INCLUDES A LARGE FRONT PORCH WITH LOVELY VIEWS, PRIVATE REAR PATIO AREA, EAT-IN KITCHEN, EN-SUITE PRIMARY BEDROOM, 2 CAR DETACHED GARAGE, AND LARGE ASPHALTED DRIVEWAY AREA WITH AMPLE PARKING. THIS HOME OFFERS BOTH FUNCTIONALITY AND CONVENIENCE IN ONE PACKAGE. ALL APPLIANCES AND ONE YEAR HSA HOME WARRANTY ARE INCLUDED.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47420, Avoca, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	11 (100%)
Owner Occupied HU	9 (81.8%)
Renter Occupied HU	0
Vacant Housing Units	2 (18.2%)
Median Home Value	$312,500
Average Home Value	$270,833