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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 Petersburg at 308 S 6th St, Petersburg, IN, 47567 offers a 9.35% rental yield on a $169,500 purchase with $1,321/mo rent. Total monthly income registers $1,321/mo, and a $830/mo payment leaves $303/mo available for distribution. Annual cash flow reaches $3,638/yr on $56,189 to close, and return on cash invested stands at 26.38% in year one. Equity gained on principal adds $1,094/yr while 5% annual appreciation supports $46,830 over five years. Portfolio math shows five-year ROI at 137.4% and total cumulative return in cash at $77,204. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,321/mo property income against a $830/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1990
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47567, Petersburg, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,818 (69.4%) |
| Renter Occupied HU | 503 (19.2%) |
| Vacant Housing Units | 298 (11.4%) |
| Median Home Value | $175,641 |
| Average Home Value | $200,881 |
Residential
2,477
Single Family
2,441
Multi-Family
36
Businesses
223
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Shelley R Brinson • Century 21 Classic Realty
Mls Name: IRMLS
Mls ID: #202534403
