425 W 14th StPeruIN46970
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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
Rental property for sale in Peru at 425 W 14th St, Peru, IN, 46970 generates $1,552/mo in rent and, after a $748/mo payment, leaves $635/mo in cash flow. Total monthly income is $1,552/mo, and annual cash flow is $7,614/yr on $50,686 invested. Return on cash invested sits at 34.93% in year one, and rental yield is 12.18% on a $152,900 entry. Equity gained on principal adds $987/yr, while 5% annual appreciation builds toward $42,243 over five years. Five-year ROI reaches 183.21% and total cumulative return in cash sums $92,860. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,552/mo property income rather than buyer’s personal income.
Single Family
Built in 1956
0.41 Acres 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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Listed by: Julie Allen • Allen Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202526039
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.