6643 S Centerville RdCentervilleIN47330
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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 6643 S Centerville Rd, Centerville, IN, 47330 uses $64,609 cash to close to unlock $148/yr annual cash flow and $12/mo monthly cash flow. Total monthly income runs $1,184/mo, and a $954/mo payment keeps the spread at $12/mo. Purchase price stands at $194,900, and rental yield measures 7.29% with $1,184/mo rent. Return on cash invested shows 20.14% in year one, and 5% annual appreciation builds toward $53,847 over five years. Five-year ROI reaches 103.88% and total cumulative return in cash records $67,119. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,184/mo property income covering a $954/mo payment rather than investor’s personal income.
Single Family
Built in N/A
2.60 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: Ron Coffey • Choice Realty One
Mls Name: RLMS
Mls Provider:
Mls ID: #10049646
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.