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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Peru at 103 Logan St, Peru, IN, 46970 uses $47,371 cash to close to unlock $3,379/yr annual cash flow and $282/mo monthly cash flow. Total monthly income runs $1,139/mo, and a $699/mo payment keeps the spread at $282/mo. Purchase price stands at $142,900, and rental yield measures 9.56% with $1,139/mo rent. Return on cash invested shows 27.04% in year one, and 5% annual appreciation builds toward $39,481 over five years. Five-year ROI reaches 140.89% and total cumulative return in cash records $66,741. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,139/mo property income covering a $699/mo payment rather than investor’s personal income.
Single Family
Built in 1948
7,797 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46970, Peru, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,753 (100%) |
| Owner Occupied HU | 6,545 (60.9%) |
| Renter Occupied HU | 3,020 (28.1%) |
| Vacant Housing Units | 1,188 (11.0%) |
| Median Home Value | $134,310 |
| Average Home Value | $190,288 |
Residential
10,003
Single Family
9,618
Multi-Family
385
Businesses
687
Date | Event | Price |
|---|---|---|
| 2025-09-04 | Sold | $142,900 |
| 2025-08-01 | Listed for sale | $142,900 |
| 2003-05-09 | Sold | $60,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $910.00 | N/A | $56,000 | 23.08% |
| 2023-10-07 | $910.00 | 7.82% | $45,500 | N/A |
| 2022-10-07 | $844.00 | N/A | $45,500 | 7.82% |
Listed by: Tami J Tschiniak • Carriger Oldfather Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202530298
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.
