707 Beech 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 707 Beech Ave, Centerville, IN, 47330 uses $49,592 cash to close to unlock $6,530/yr annual cash flow and $544/mo monthly cash flow. Total monthly income runs $1,442/mo, and a $732/mo payment keeps the spread at $544/mo. Purchase price stands at $149,600, and rental yield measures 11.57% with $1,442/mo rent. Return on cash invested shows 33.08% in year one, and 5% annual appreciation builds toward $41,332 over five years. Five-year ROI reaches 173.3% and total cumulative return in cash records $85,944. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,442/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1958
6,664 sqft 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: N/A • N/A
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