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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Centerville at 510 W South St, Centerville, IN, 47330 offers $952/mo rent that, after a $587/mo payment, leaves $232/mo cash flow. Total monthly income is $952/mo, and annual cash flow is $2,785/yr on $39,747 cash. Return on cash invested measures 26.92% in year one, and rental yield stands at 9.53% at a $119,900 entry. Equity gained on principal adds $774/yr while 5% annual appreciation compounds into $33,126 by year five. Five-year ROI records 140.27% and total cumulative return in cash reaches $55,752. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $952/mo property income versus a $587/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1954
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47330, Centerville, IN area.
| 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 |
Residential
2,334
Single Family
2,334
Multi-Family
0
Businesses
143
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Tammy Savoy • Coldwell Banker Lingle
Mls Name: RLMS
Mls ID: #10052237
