1785 W Farview DrPeruIN46970
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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 1785 W Farview Dr, Peru, IN, 46970 with 5% annual appreciation on a $350,000 basis while $2,683/mo rent supports operations. Total monthly income totals $2,683/mo and a $1,713/mo payment preserves $582/mo for cash returns. Annual cash flow comes to $6,985/yr on $116,025 deployed, and return on cash invested reaches 25.93% in year one. Equity gained on principal adds $2,258/yr, and five-year appreciation sums $96,699 alongside rental yield of 9.2%. Five-year ROI measures 134.92% and total cumulative return in cash totals $156,542.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,683/mo property income versus a $1,713/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1974
0.94 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
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Listed by: Scott A Shepherd • Spear Real Estate, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202506308
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.