1014 E Glezen StPetersburgIN47567
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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
Rental property for sale in Petersburg at 1014 E Glezen St, Petersburg, IN, 47567 generates $1,076/mo in rent, after a $978/mo payment. Total monthly income is $1,076/mo. Return on cash invested sits at 17.67% in year one, and rental yield is 6.46% on a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation builds toward $55,229 over five years. Five-year ROI reaches 90.65% and total cumulative return in cash sums $60,073. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,076/mo property income rather than buyer’s personal income.
Single Family
Built in 2023
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47567, Petersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,818 (69.4%) |
| Renter Occupied HU | 503 (19.2%) |
| Vacant Housing Units | 298 (11.4%) |
| Median Home Value | $175,641 |
| Average Home Value | $200,881 |
Housing Distribution
Address Breakdown
Residential
2,477
Single Family
2,441
Multi-Family
36
Businesses
223
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Listed by: Adam Boyd • BOYD REALTY & DEVELOPMENT LLC
Mls Name: IRMLS
Mls ID: #202602520