517 N Pioneer RdCenterpointIN47840
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Nearby investment properties with comparable prices
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 Centerpoint at 517 N Pioneer Rd, Centerpoint, IN, 47840 at $529,900 posts ROI 8% with from $1,429/mo rent. Total monthly income equals $1,429/mo. Return on cash invested measures 8% and rental yield reads 3.24% at the current $529,900. Equity gained on principal adds $3,419/yr, and 5% annual appreciation supports $146,402 by year five. Five-year ROI prints 38.7% and total cumulative return in cash totals $67,463. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,429/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2016
16.92 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47840, Centerpoint, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 662 (100%) |
| Owner Occupied HU | 504 (76.1%) |
| Renter Occupied HU | 92 (13.9%) |
| Vacant Housing Units | 66 ( 10.0%) |
| Median Home Value | $199,219 |
| Average Home Value | $255,640 |
Housing Distribution
Address Breakdown
Residential
592
Single Family
592
Multi-Family
0
Businesses
31
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Listed by: Darrin Galyean • My Agent
Mls Name: MIBOR as distributed by MLS GRID
Mls ID: #22066965