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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% |
Rental property for sale in Petersburg at 111 S 14th St, Petersburg, IN, 47567 generates $1,247/mo in rent and, after a $796/mo payment, leaves $271/mo in cash flow. Total monthly income is $1,247/mo, and annual cash flow is $3,248/yr on $53,935 invested. Return on cash invested sits at 25.93% in year one, and rental yield is 9.2% on a $162,700 entry. Equity gained on principal adds $1,050/yr, while 5% annual appreciation builds toward $44,951 over five years. Five-year ROI reaches 134.93% and total cumulative return in cash sums $72,777. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,247/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47567, Petersburg, IN area.
| 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 |
Residential
2,477
Single Family
2,441
Multi-Family
36
Businesses
223
Date | Event | Price |
|---|---|---|
| 2024-10-08 | Listed for sale | $162,700 |
| 2024-09-24 | Listing removed | $178,500 |
| 2024-08-06 | Price change | $185,100 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $928.00 | 14.85% | $104,600 | 11.28% |
| 2022-10-15 | $808.00 | 5.62% | $94,000 | 14.77% |
| 2021-10-15 | $765.00 | -2.42% | $81,900 | 5.54% |
Listed by: Marissa L Goodness • Carpenter Realty LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439024
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.
