710 S Center St, Flora, IN, 46929 | $326/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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710 S Center St, Flora, IN, 46929 | $326/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Flora at 710 S Center St, Flora, IN, 46929 priced at $170,000 pairs $1,346/mo rent with $326/mo cash flow after a $832/mo payment. Total monthly income equals $1,346/mo, and annual cash flow comes to $3,907/yr on $56,355 invested. Return on cash invested is 26.84% in year one, and rental yield stands at 9.5% on a $170,000 basis. Equity gained on principal adds $1,097/yr, and 5% annual appreciation accumulates to $46,968 by year five. Five-year ROI measures 139.81% and total cumulative return in cash reaches $78,789. For financing, Ziffy Mortgage’s DSCR program evaluates $1,346/mo property income against a $832/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1975

7,405 sqft lot

$N/A/sqft

No HOA

More details about the property

Charming 3-bedroom, 2-bath home in the heart of Flora! Offering over 1,200 sq ft of living space, this home is designed for comfort and convenience. Relax and entertain on the covered back deck, or take advantage of the large carport with an enclosed shop for hobbies and projects. Inside, youll find a functional layout with carpet and vinyl flooring, spacious bedrooms, and an unfinished basement that provides excellent storage or the opportunity to finish for added living space. Nestled on a quiet street, this home blends small-town living with modern updates move-in ready and full of potential!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46929, Flora, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,414 (100%)
Owner Occupied HU	1,005 (71.1%)
Renter Occupied HU	315 (22.3%)
Vacant Housing Units	94 ( 6.6%)
Median Home Value	$183,468
Average Home Value	$226,652