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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% |
Investment property for sale in Petersburg at 1705 E Main St, Petersburg, IN, 47567 listed at $149,900 pairs $1,276/mo rent with a $734/mo payment to leave $376/mo cash flow. Total monthly income runs $1,276/mo, and annual cash flow reaches $4,510/yr on $49,692 cash to close. Return on cash invested measures 28.99% in year one, and rental yield registers 10.21% at a $149,900 basis. Equity gained on principal adds $967/yr, and annual property appreciation at 5% supports $41,415 by year five. Five-year ROI tracks 151.29% and total cumulative return in cash totals $75,179. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,276/mo property income relative to a $734/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
5,662 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 |
|---|---|---|
| 2024-10-01 | Price change | $149,900 |
| 2024-08-08 | Price change | $154,900 |
| 2024-07-06 | Price change | $159,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $607.00 | 13.46% | $32,700 | 10.47% |
| 2022-10-15 | $535.00 | 5.73% | $29,600 | 13.41% |
| 2021-10-15 | $506.00 | 3.05% | $26,100 | 5.67% |
Listed by: Jana Shoultz-Atkins • Atkins Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202424882
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.
