233 W 6th 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 233 W 6th St, Peru, IN, 46970 uses $65,306 cash to close to unlock $11,132/yr annual cash flow and $928/mo monthly cash flow. Total monthly income runs $2,110/mo, and a $964/mo payment keeps the spread at $928/mo. Purchase price stands at $197,000, and rental yield measures 12.85% with $2,110/mo rent. Return on cash invested shows 36.95% in year one, and 5% annual appreciation builds toward $54,427 over five years. Five-year ROI reaches 194.01% and total cumulative return in cash records $126,698. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,110/mo property income covering a $964/mo payment rather than investor’s personal income.
Single Family
Built in 1910
4,486 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: Scott A Shepherd • Spear Real Estate, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202534566
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.