407 E Main 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
Rental property for sale in Centerville at 407 E Main St, Centerville, IN, 47330 priced at $378,000 pairs $1,601/mo rent with after a $1,850/mo payment. Total monthly income equals $1,601/mo. Return on cash invested is 13.51% in year one, and rental yield stands at 5.08% on a $378,000 basis. Equity gained on principal adds $2,439/yr, and 5% annual appreciation accumulates to $104,434 by year five. Five-year ROI measures 68.33% and total cumulative return in cash reaches $85,617. For financing, Ziffy Mortgage’s DSCR program evaluates $1,601/mo property income against a $1,850/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2025
9,888 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: Paula Kay King • Better Homes and Gardens First Realty Group
Mls Name: RLMS
Mls ID: #10052203