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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 407 N 6th St, Petersburg, IN, 47567 listed at $146,500 pairs $1,345/mo rent with a $717/mo payment to leave $466/mo cash flow. Total monthly income runs $1,345/mo, and annual cash flow reaches $5,588/yr on $48,565 cash to close. Return on cash invested measures 31.41% in year one, and rental yield registers 11.02% at a $146,500 basis. Equity gained on principal adds $945/yr, and annual property appreciation at 5% supports $40,475 by year five. Five-year ROI tracks 164.31% and total cumulative return in cash totals $79,799. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,345/mo property income relative to a $717/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1922
4,356 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 |
|---|---|---|
| 2024-08-22 | Price change | $146,500 |
| 2024-07-23 | Price change | $147,500 |
| 2024-06-21 | Price change | $152,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $880.00 | 15.49% | $48,800 | 10.91% |
| 2022-10-15 | $762.00 | 5.54% | $44,000 | 15.49% |
| 2021-10-15 | $722.00 | 3.14% | $38,100 | 5.54% |
Listed by: Jessica Mason • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202414686
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.
