2050 S Riverview RdPeruIN46970
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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
Rental property for sale in Peru at 2050 S Riverview Rd, Peru, IN, 46970 priced at $350,901 pairs $3,113/mo rent with $1,007/mo cash flow after a $1,717/mo payment. Total monthly income equals $3,113/mo, and annual cash flow comes to $12,085/yr on $116,324 invested. Return on cash invested is 30.3% in year one, and rental yield stands at 10.65% on a $350,901 basis. Equity gained on principal adds $2,264/yr, and 5% annual appreciation accumulates to $96,947 by year five. Five-year ROI measures 158.34% and total cumulative return in cash reaches $184,185. For financing, Ziffy Mortgage’s DSCR program evaluates $3,113/mo property income against a $1,717/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1997
1.33 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: Rachelle Schafer • Allen Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202430741
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.