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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 Peru at 433 E Main St, Peru, IN, 46970 offers a 8.34% rental yield on a $139,900 purchase with $972/mo rent. Total monthly income registers $972/mo, and a $685/mo payment leaves $132/mo available for distribution. Annual cash flow reaches $1,583/yr on $46,377 to close, and return on cash invested stands at 23.32% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,652 over five years. Portfolio math shows five-year ROI at 120.89% and total cumulative return in cash at $56,067. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $972/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46970, Peru, IN area.
| 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 |
Residential
10,003
Single Family
9,618
Multi-Family
385
Businesses
687
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: Chuck W Oldfather • Carriger Oldfather Realty, Inc
Mls Name: IRMLS
Mls ID: #202541477
