1424 S 550 EPeruIN46970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Peru at 1424 S 550 E, Peru, IN, 46970 earns $182/mo cash flow from $2,462/mo rent with a $1,859/mo payment. Total monthly income totals $2,462/mo, and annual cash flow totals $2,183/yr on $125,937 capital. ROI tracks 21.64% on current figures, and rental yield reads 7.78% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 111.88% and total cumulative return in cash sums $140,897. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,462/mo property income instead of your personal income.
Single Family
Built in 1997
5 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46970, Peru, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
10,003
Single Family
9,618
Multi-Family
385
Businesses
687
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices