506 Sunset AveCentervilleIN47330
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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 506 Sunset Ave, Centerville, IN, 47330 with 5% annual appreciation on a $260,000 basis while $2,336/mo rent supports operations. Total monthly income totals $2,336/mo and a $1,273/mo payment preserves $775/mo for cash returns. Annual cash flow comes to $9,298/yr on $86,190 deployed, and return on cash invested reaches 30.7% in year one. Equity gained on principal adds $1,678/yr, and five-year appreciation sums $71,833 alongside rental yield of 10.78%. Five-year ROI measures 160.45% and total cumulative return in cash totals $138,293.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,336/mo property income versus a $1,273/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2019
0.34 Acres 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: Frederick Filice • Renaissance Properties, LLC
Mls Name: RLMS
Mls Provider:
Mls ID: #10049627
Disclaimer: IDX information is provided exclusively for 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 is deemed reliable but not guaranteed.