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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 4120 N Prides Creek Dr, Petersburg, IN, 47567 offers $1,962/mo rent that, after a $1,031/mo payment, leaves $697/mo cash flow. Total monthly income is $1,962/mo, and annual cash flow is $8,370/yr on $69,847 cash. Return on cash invested measures 31.89% in year one, and rental yield stands at 11.17% at a $210,700 entry. Equity gained on principal adds $1,360/yr while 5% annual appreciation compounds into $58,213 by year five. Five-year ROI records 166.88% and total cumulative return in cash reaches $116,563. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,962/mo property income versus a $1,031/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1971
0.43 Acres 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 |
|---|---|---|
| 2025-03-26 | Listed for sale | $210,700 |
| 2024-09-18 | Listing removed | $1,200 |
| 2024-05-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-03-27 | $1250.00 | 21.09% | $133,400 | 6.72% |
| 2022-03-27 | $1032.32 | 9.36% | $125,000 | 16.28% |
| 2021-03-27 | $944.00 | 17.60% | $107,500 | 2.67% |
Listed by: Bryce Lain • SELL4FREE-WELSH REALTY CORPORATION
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509918
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.
