302 Tyler Ave, Peru, IN, 46970 | 4.64% Rental Yield

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302 Tyler Ave, Peru, IN, 46970 | 4.64% Rental Yield | Ziffy

For Sale

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 302 Tyler Ave, Peru, IN, 46970 at $229,000 posts ROI 12.18% with from $886/mo rent. Total monthly income equals $886/mo. Return on cash invested measures 12.18% and rental yield reads 4.64% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 61.21% and total cumulative return in cash totals $46,469. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $886/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 2025

0.32 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome to your dream homea stunning brand-new build nestled on a spacious 0.32-acre lot. This thoughtfully designed 3-bedroom, 2-bath residence with attached garage offers an inviting open-concept layout that seamlessly blends living, dining, and kitchen spaces for effortless entertaining and everyday living. At the heart of the home is a chefs kitchen featuring a full stainless steel appliance package, gorgeous island with butcher block counter, tons of counter space, pantry and stunning white cabinetryperfect for hosting gatherings or whipping up weeknight meals with ease. The private master suite is a true sanctuary, complete with a luxurious en-suite bath and a walk-in closet that offers both style and functionality. Two additional bedrooms provide flexibility for family, guests, or a home office. Set on over a quarter-acre, the property offers plenty of room for outdoor enjoymentwhether its gardening, grilling, or simply relaxing under the stars. Additional Features Brand new construction with modern finishes Open and airy floor plan Two full bathrooms with contemporary fixtures Energy-efficient design and materials This home is beautiful! Buyer to confirm all measurements.

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