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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% |
Rental property for sale in Peru at 20 Ewing St, Peru, IN, 46970 priced at $120,000 converts $931/mo rent into $211/mo cash flow after a $587/mo obligation. Total monthly income equals $931/mo, and annual cash flow totals $2,532/yr on $39,780 invested. Return on cash invested prints 26.27% in year one, and rental yield reads 9.31% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 136.7% and total cumulative return in cash sums $54,379. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $931/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1880
4,007 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46970, Peru, IN area.
| 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 |
Residential
10,003
Single Family
9,618
Multi-Family
385
Businesses
687
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Paloma Arellano • Modern Real Estate
Mls Name: IRMLS
Mls ID: #202539770
