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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 251 E 5th St, Peru, IN, 46970 uses $48,731 cash to close to unlock $5,545/yr annual cash flow and $462/mo monthly cash flow. Total monthly income runs $1,344/mo, and a $719/mo payment keeps the spread at $462/mo. Purchase price stands at $147,000, and rental yield measures 10.97% with $1,344/mo rent. Return on cash invested shows 31.29% in year one, and 5% annual appreciation builds toward $40,613 over five years. Five-year ROI reaches 163.71% and total cumulative return in cash records $79,776. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,344/mo property income covering a $719/mo payment rather than investor’s personal income.
Single Family
Built in 1939
3,310 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 |
|---|---|---|
| 2025-07-02 | Listed for sale | $147,000 |
| 2024-12-13 | Sold | $40,000 |
| 2024-12-07 | Pending sale | $50,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-07-03 | $737.18 | -1.45% | $79,500 | -1.12% |
| 2023-07-03 | $748.04 | 26.87% | $80,400 | N/A |
| 2022-07-03 | $589.60 | 7.60% | $80,400 | 20.36% |
Listed by: Memi P Rennewanz • MPR Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525477
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.
