3232 S Petersburg Rd, Wheatland, IN, 47597 | 4.45% Rental Yield

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

3232 S Petersburg Rd, Wheatland, IN, 47597 | 4.45% Rental Yield | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

4 Bed
2 Bath
2112 sft

811 N Polk Dr, Oakland City, IN, 47660

4 Bed
2 Bath
2100 sft

403 N Gibson St, Princeton, IN, 47670

3 Bed
2 Bath
1204 sft

2467 N 465 E, Princeton, IN, 47670

Summit Craftsman Plan, White Church Crossing

3 Bed
2 Bath
1535 sft

Summit Craftsman Plan, White Church Crossing, Princeton, IN, 47670

Nearby investment properties with comparable prices

3 Bed
2 Bath
3319 sft

2698 N Benchmark Dr, Princeton, IN, 47670

$ 550,000

ROI

Cash Flow/m

4 Bed
3 Bath
2862 sft

9837 S State Rd, Monroe City, IN, 47557

5 Bed
4 Bath
3244 sft

1036 N Main St, Princeton, IN, 47670

4 Bed
3 Bath
4188 sft

4940 W County Road 550 N, Petersburg, IN, 47567

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Wheatland at 3232 S Petersburg Rd, Wheatland, IN, 47597 at $555,000 posts ROI 11.69% with from $2,057/mo rent. Total monthly income equals $2,057/mo. Return on cash invested measures 11.69% and rental yield reads 4.45% at the current $555,000. Equity gained on principal adds $3,581/yr, and 5% annual appreciation supports $153,336 by year five. Five-year ROI prints 58.47% and total cumulative return in cash totals $106,760. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,057/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).

Single Family

Built in 1911

26.45 Acres lot

$N/A/sqft

No HOA

More details about the property

An ideal rural opportunity that you can call home! This 3 bedroom, 2 bathroom homestead has so much to offer with ample sized rooms, freshly refinished, original hardwood floors throughout most of the home, tons of closet space with some rooms enjoying double closets or walk in closets, a formal dining room, 2 recently remodeled bathrooms with tile showers, main floor laundry room, and 2 different living areas with fireplaces! The property has a large open deck area with privacy and a great view of the back pasture, a matching playhouse, and a 32x40 pole barn with RV electric hookup and enough room for 3 vehicles. The best part is the rare 26.45 acre lot with roughly 7 acres of tillable land, a great population of Deer and Wild Turkey for hunting, the perfect environment for morel mushrooms, and mature trees that are coveted by local logging companies! Don't miss out on this excellent location, tucked away in South Knox School District!