1304 E Cedar 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
Investment property for sale in Petersburg at 1304 E Cedar St, Petersburg, IN, 47567 earns $457/mo cash flow from $1,171/mo rent with a $582/mo payment. Total monthly income totals $1,171/mo, and annual cash flow totals $5,485/yr on $39,449 capital. ROI tracks 33.81% on current figures, and rental yield reads 11.81% at a $119,000 purchase. Equity gained on principal adds $768/yr, and 5% annual appreciation supports $32,878 over five years. Five-year ROI reaches 177.27% and total cumulative return in cash sums $69,929. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,171/mo property income instead of your personal income.
Single Family
Built in 1940
5,227 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: Randy Harris • HARRIS REAL ESTATE LLC
Mls Name: IRMLS
Mls ID: #202545483