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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 Peru at 452 W 5th St, Peru, IN, 46970 offers $1,470/mo rent that, after a $538/mo payment, leaves $789/mo cash flow. Total monthly income is $1,470/mo, and annual cash flow is $9,465/yr on $36,465 cash. Return on cash invested measures 45.86% in year one, and rental yield stands at 16.04% at a $110,000 entry. Equity gained on principal adds $710/yr while 5% annual appreciation compounds into $30,391 by year five. Five-year ROI records 242.07% and total cumulative return in cash reaches $88,272. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,470/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1905
6,534 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 |
|---|---|---|
| 2025-02-10 | Sold | $110,000 |
| 2024-12-02 | Price change | $119,900 |
| 2024-10-01 | Listed for sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $1169.00 | 32.54% | $119,100 | 1.88% |
| 2023-11-02 | $882.00 | 35.23% | $116,900 | 32.54% |
| 2022-11-02 | $652.24 | 7.59% | $88,200 | 19.35% |
Listed by: Inger A Marburger • Allen Realty Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202437992
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.
