311 Linden DrCentervilleIN47330
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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
Rental property for sale in Centerville at 311 Linden Dr, Centerville, IN, 47330 generates $870/mo in rent and, after a $538/mo payment, leaves $210/mo in cash flow. Total monthly income is $870/mo, and annual cash flow is $2,522/yr on $36,432 invested. Return on cash invested sits at 26.83% in year one, and rental yield is 9.5% on a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation builds toward $30,363 over five years. Five-year ROI reaches 139.83% and total cumulative return in cash sums $50,944. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $870/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
6,969 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: Elizabeth Henley • Coldwell Banker Lingle
Mls Name: RLMS
Mls ID: #10051416