








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 616 Beech St, Centerville, TN, 37033 priced at $275,900 converts $1,588/mo rent into after a $1,350/mo obligation. Total monthly income equals $1,588/mo. Return on cash invested prints 19.08% in year one, and rental yield reads 6.91% against a $275,900 entry. Equity gained on principal adds $1,780/yr, while 5% annual appreciation compiles into $76,226 by year five. Five-year ROI reaches 98.13% and total cumulative return in cash sums $89,753. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,588/mo property income covering a $1,350/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.85 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 37033, Centerville, TN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,707 (100%) |
| Owner Occupied HU | 2,472 (66.7%) |
| Renter Occupied HU | 770 (20.8%) |
| Vacant Housing Units | 465 (12.5%) |
| Median Home Value | $239,620 |
| Average Home Value | $331,180 |
Residential
3,452
Single Family
3,317
Multi-Family
135
Businesses
365
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $275,900 |
| 2022-01-21 | Sold | $195,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-04-05 | $1363.13 | 259.80% | $39,650 | N/A |
| 2022-04-05 | $378.86 | N/A | $39,650 | 55.03% |
| 2021-04-05 | N/A | N/A | $25,575 | N/A |



Listed by: Sammie Jo Remington • Parker Peery Properties
Mls Name: RealTracs MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #2813283
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-05 08:23:01 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#99)