








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 Peru at 218 E 5th St, Peru, IN, 46970 at $162,500 posts ROI 22.16% with $101/mo cash flow from $1,121/mo rent. Total monthly income equals $1,121/mo, and annual cash flow records $1,211/yr on $53,869 to close. Return on cash invested measures 22.16% and rental yield reads 8.28% at the current $162,500. Equity gained on principal adds $1,049/yr, and 5% annual appreciation supports $44,896 by year five. Five-year ROI prints 115% and total cumulative return in cash totals $61,950.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,121/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Multi Family
Built in 1900
5,662 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 |
|---|---|---|
| 2025-02-26 | Sold | $162,500 |
| 2025-02-11 | Pending sale | $175,900 |
| 2025-01-20 | Price change | $175,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1888.00 | 21.65% | $104,800 | 11.02% |
| 2023-11-02 | $1552.00 | 19.38% | $94,400 | 21.65% |
| 2022-11-02 | $1300.00 | N/A | $77,600 | 19.38% |



What's Special
Walk-up
Listed by: Stacia Bonifant • Creative Realty - Peru
Mls Name: IRMLS
Mls Provider:
Mls ID: #202431732
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.