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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 408 N 8th St, Petersburg, IN, 47567 at $145,000 posts ROI 26.96% with $282/mo cash flow from $1,153/mo rent. Total monthly income equals $1,153/mo, and annual cash flow records $3,387/yr on $48,068 to close. Return on cash invested measures 26.96% and rental yield reads 9.54% at the current $145,000. Equity gained on principal adds $936/yr, and 5% annual appreciation supports $40,061 by year five. Five-year ROI prints 140.44% and total cumulative return in cash totals $67,508.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,153/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1923
7,840 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: Randy Harris • HARRIS REAL ESTATE LLC
Mls Name: IRMLS
Mls ID: #202516239
