2940 W 400 SPeruIN46970
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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
Investment property for sale in Peru at 2940 W 400 S, Peru, IN, 46970 earns from $2,242/mo rent with a $1,859/mo payment. Total monthly income totals $2,242/mo. ROI tracks 19.55% on current figures, and rental yield reads 7.08% at a $379,900 purchase. Equity gained on principal adds $2,451/yr, and 5% annual appreciation supports $104,959 over five years. Five-year ROI reaches 100.65% and total cumulative return in cash sums $126,749. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,242/mo property income instead of your personal income.
Single Family
Built in 1880
4.52 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
10,003
Single Family
9,618
Multi-Family
385
Businesses
687
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