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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 255 W Main St, Peru, IN, 46970 listed at $189,900 pairs $1,710/mo rent with a $929/mo payment to leave $571/mo cash flow. Total monthly income runs $1,710/mo, and annual cash flow reaches $6,846/yr on $62,952 cash to close. Return on cash invested measures 30.78% in year one, and rental yield registers 10.81% at a $189,900 basis. Equity gained on principal adds $1,225/yr, and annual property appreciation at 5% supports $52,466 by year five. Five-year ROI tracks 160.95% and total cumulative return in cash totals $101,321. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,710/mo property income relative to a $929/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1880
5,227 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 |
|---|---|---|
| 2025-05-10 | Listed for sale | $189,900 |
| 2024-09-07 | Listing removed | $184,500 |
| 2024-07-10 | Listed for sale | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-13 | N/A | N/A | $135,200 | 23.36% |
| 2023-05-13 | $787.16 | 26.79% | $109,600 | 33.66% |
| 2022-05-13 | $620.82 | 7.35% | $82,000 | 19.01% |
Listed by: Stephanie Helton • Rogers Auction & Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202517032
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.
