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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 2924 Travis St, Peru, IN, 46970 listed at $125,000 pairs $1,570/mo rent with a $612/mo payment to leave $754/mo cash flow. Total monthly income runs $1,570/mo, and annual cash flow reaches $9,054/yr on $41,438 cash to close. Return on cash invested measures 41.76% in year one, and rental yield registers 15.07% at a $125,000 basis. Equity gained on principal adds $807/yr, and annual property appreciation at 5% supports $34,535 by year five. Five-year ROI tracks 220.54% and total cumulative return in cash totals $91,385. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,570/mo property income relative to a $612/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
6,185 sqft lot
$N/A/sqft
$65 monthly 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 |
|---|---|---|
| 2024-11-25 | Sold | $125,000 |
| 2024-11-22 | Pending sale | $124,999 |
| 2024-08-29 | Listed for sale | $124,999 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $686.60 | 5.39% | $81,200 | -1.10% |
| 2023-11-02 | $651.48 | -4.72% | $82,100 | 40.58% |
| 2022-11-02 | $683.78 | 6.90% | $58,400 | 8.35% |
Listed by: Laura Myers • Allen Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202433103
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.
