2893 S Us Route 31, Peru, IN, 46970 | 2.23% Rental Yield

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2893 S Us Route 31, Peru, IN, 46970 | 2.23% Rental Yield | Ziffy

Off market

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Peru at 2893 S Us Route 31, Peru, IN, 46970 offers a 2.23% rental yield on a $419,700 purchase with $780/mo rent. 91% in year one. Equity gained on principal adds $2,708/yr while 5% annual appreciation supports $115,955 over five years. Portfolio math shows five-year ROI at 22.16% and total cumulative return in cash at $30,825. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $780/mo property income against a $2,054/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

N/A lot

$N/A/sqft

No HOA

More details about the property

Welcome to The Graceful Haven Estate! With easy access directly off US 31, you will pull onto a private lane, taking you to this custom home on nearly 9 acres. There is a pull-through loop driveway with a lot of parking. The land is set up perfectly for your own homestead or private pasture. There is an older barn with stalls and a loft with a concrete drive-through lane on the north side of the property. This home has only had 1 owner and has been cared for so well. It offers a perfect sizeable front porch with three access doors: Main entrance, 3 car garage entrance, or bedroom suite entrance. Everything about this home is well-designed and has excellent functionality. The foundation walls are 10" thick, and all are insulated exceptionally well with a combination of foam + fiberglass inside with wrap and stiff foam on the outside. There are 3 a/c units, but the home cools well with just 2 running. The back patio area is perfect for entertaining. There is a beautiful pool with an automatic cover. The large backyard is fenced in, and there is even a pool house with a bathroom and shower. The patio area is made of pavers perfect for enjoying the pool and is prepped to add a hot tub. The upstairs is spacious and enjoyable. There is excellent insulated "attic" storage with easy access. The basement of this home offers a full kitchen, laundry, entertainment room, theater room, weight room, and bedrooms. There is space for everything!

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