1962&1964 S Business Hwy #31PeruIN46970
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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 1962&1964 S Business Hwy #31, Peru, IN, 46970 listed at $361,400 pairs $2,927/mo rent with a $1,769/mo payment to leave $757/mo cash flow. Total monthly income runs $2,927/mo, and annual cash flow reaches $9,089/yr on $119,804 cash to close. Return on cash invested measures 27.5% in year one, and rental yield registers 9.72% at a $361,400 basis. Equity gained on principal adds $2,332/yr, and annual property appreciation at 5% supports $99,848 by year five. Five-year ROI tracks 143.29% and total cumulative return in cash totals $171,665. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,927/mo property income relative to a $1,769/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Home Type Unknown
Built in N/A
N/A 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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