152 E 2nd StPeruIN46970
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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 Peru at 152 E 2nd St, Peru, IN, 46970 uses $39,449 cash to close to unlock $2,233/yr annual cash flow and $186/mo monthly cash flow. Total monthly income runs $900/mo, and a $582/mo payment keeps the spread at $186/mo. Purchase price stands at $119,000, and rental yield measures 9.08% with $900/mo rent. Return on cash invested shows 25.57% in year one, and 5% annual appreciation builds toward $32,878 over five years. Five-year ROI reaches 133.07% and total cumulative return in cash records $52,493. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $900/mo property income covering a $582/mo payment rather than investor’s personal income.
Single Family
Built in 1880
4,356 sqft 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
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