206 W School StCentervilleIN47330
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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 206 W School St, Centerville, IN, 47330 listed at $196,500 pairs $1,849/mo rent with a $962/mo payment to leave $669/mo cash flow. Total monthly income runs $1,849/mo, and annual cash flow reaches $8,031/yr on $65,140 cash to close. Return on cash invested measures 32.24% in year one, and rental yield registers 11.29% at a $196,500 basis. Equity gained on principal adds $1,268/yr, and annual property appreciation at 5% supports $54,289 by year five. Five-year ROI tracks 168.78% and total cumulative return in cash totals $109,945. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,849/mo property income relative to a $962/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1840
9,583 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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Listed by: Tim Orr • Coldwell Banker Lingle
Mls Name: RLMS
Mls ID: #10052109