352 N BroadwayPeruIN46970
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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 352 N Broadway, Peru, IN, 46970 uses $51,051 cash to close to unlock $2,680/yr annual cash flow and $223/mo monthly cash flow. Total monthly income runs $1,148/mo, and a $754/mo payment keeps the spread at $223/mo. Purchase price stands at $154,000, and rental yield measures 8.95% with $1,148/mo rent. Return on cash invested shows 25.16% in year one, and 5% annual appreciation builds toward $42,547 over five years. Five-year ROI reaches 130.81% and total cumulative return in cash records $66,782. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,148/mo property income covering a $754/mo payment rather than investor’s personal income.
Single Family
Built in 1925
8,712 sqft 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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