243 N Arrowhead DrPetersburgIN47567
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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 Petersburg at 243 N Arrowhead Dr, Petersburg, IN, 47567 priced at $255,000 converts $2,329/mo rent into $798/mo cash flow after a $1,248/mo obligation. Total monthly income equals $2,329/mo, and annual cash flow totals $9,580/yr on $84,533 invested. Return on cash invested prints 31.24% in year one, and rental yield reads 10.96% against a $255,000 entry. Equity gained on principal adds $1,645/yr, while 5% annual appreciation compiles into $70,452 by year five. Five-year ROI reaches 163.42% and total cumulative return in cash sums $138,140. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,329/mo property income covering a $1,248/mo payment, not borrower’s personal income.
Single Family
Built in 1984
0.72 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47567, Petersburg, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,818 (69.4%) |
| Renter Occupied HU | 503 (19.2%) |
| Vacant Housing Units | 298 (11.4%) |
| Median Home Value | $175,641 |
| Average Home Value | $200,881 |
Housing Distribution
Address Breakdown
Residential
2,477
Single Family
2,441
Multi-Family
36
Businesses
223
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Listed by: Adam Boyd • BOYD REALTY & DEVELOPMENT LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522724
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.