1533 E Paw Paw Pike, Peru, IN, 46970 | $222/mo Cash Flow

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1533 E Paw Paw Pike, Peru, IN, 46970 | $222/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Peru at 1533 E Paw Paw Pike, Peru, IN, 46970 uses $46,377 cash to close to unlock $2,663/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,062/mo, and a $685/mo payment keeps the spread at $222/mo. Purchase price stands at $139,900, and rental yield measures 9.11% with $1,062/mo rent. Return on cash invested shows 25.65% in year one, and 5% annual appreciation builds toward $38,652 over five years. Five-year ROI reaches 133.39% and total cumulative return in cash records $61,863. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,062/mo property income covering a $685/mo payment rather than investor’s personal income.

Single Family

Built in 1960

0.45 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to this well-maintained home situated on a spacious 0.45-acre lot. Featuring a beautifully updated bathroom (2022), a brand-new boiler heater (2024), and a new water heater (2022), this home is move-in ready. Enjoy the convenience of a breezeway connecting the garage to the house. Step inside to a generous living room complete with hardwood floors and a cozy fireplace. Hardwood flooring continues through the hallway and bedrooms, adding warmth and character. The updated bathroom includes a stylish tile shower surround. Out back, the large deck overlooks a fully fenced yardideal for gardening, entertaining, or a play area for children. As an added bonus, new flooring already purchased for the kitchen and third bedroom/playroom will be included with the sale. Dont miss this fantastic opportunity!

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