451 E Washington AvePeruIN46970
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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
Investment property for sale in Peru at 451 E Washington Ave, Peru, IN, 46970 earns $409/mo cash flow from $1,444/mo rent with a $844/mo payment. Total monthly income totals $1,444/mo, and annual cash flow totals $4,906/yr on $57,184 capital. ROI tracks 28.49% on current figures, and rental yield reads 10.05% at a $172,500 purchase. Equity gained on principal adds $1,113/yr, and 5% annual appreciation supports $47,659 over five years. Five-year ROI reaches 148.62% and total cumulative return in cash sums $84,986. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,444/mo property income instead of your personal income.
Single Family
Built in 1910
6,534 sqft 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: Jason Carter • MPR Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525063
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.