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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% |
Rental property for sale in Petersburg at 315 N 12th St, Petersburg, IN, 47567 generates $1,441/mo in rent and, after a $905/mo payment, leaves $331/mo in cash flow. Total monthly income is $1,441/mo, and annual cash flow is $3,972/yr on $61,328 invested. Return on cash invested sits at 26.38% in year one, and rental yield is 9.35% on a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 137.33% and total cumulative return in cash sums $84,219. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,441/mo property income rather than buyer’s personal income.
Single Family
Built in 1952
N/A 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 |
|---|---|---|
| 2024-10-12 | Price change | $185,000 |
| 2024-09-21 | Price change | $188,000 |
| 2024-09-07 | Price change | $190,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $552.00 | 13.58% | $26,500 | -3.99% |
| 2022-10-15 | $486.00 | 5.19% | $27,600 | 13.58% |
| 2021-10-15 | $462.00 | 4.52% | $24,300 | 5.19% |
Listed by: William Atkins • Atkins Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202405067
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.
