228 W 12th StPeruIN46970
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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 228 W 12th St, Peru, IN, 46970 earns $241/mo cash flow from $1,052/mo rent with a $661/mo payment. Total monthly income totals $1,052/mo, and annual cash flow totals $2,896/yr on $44,753 capital. ROI tracks 26.38% on current figures, and rental yield reads 9.35% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 137.37% and total cumulative return in cash sums $61,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,052/mo property income instead of your personal income.
Single Family
Built in 1923
5,227 sqft 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: Barb Drye • Metz Phillipy Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202513571
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.