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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 486 E 5th St, Peru, IN, 46970 priced at $134,900 converts $1,440/mo rent into $630/mo cash flow after a $660/mo obligation. Total monthly income equals $1,440/mo, and annual cash flow totals $7,566/yr on $44,719 invested. Return on cash invested prints 36.83% in year one, and rental yield reads 12.81% against a $134,900 entry. Equity gained on principal adds $870/yr, while 5% annual appreciation compiles into $37,270 by year five. Five-year ROI reaches 193.38% and total cumulative return in cash sums $86,477. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,440/mo property income covering a $660/mo payment, not borrower’s personal income.
Single Family
Built in 1950
N/A 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 |
|---|---|---|
| 2024-11-21 | Sold | $134,900 |
| 2024-11-09 | Pending sale | $139,900 |
| 2024-10-14 | Listed for sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $713.52 | 17.31% | $77,600 | -1.02% |
| 2023-11-02 | $608.24 | 12.68% | $78,400 | N/A |
| 2022-11-02 | $539.80 | 7.59% | $78,400 | 7.84% |
What's Special
Walk-up
Listed by: Deonna Holland • Holland Realty Group, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202439896
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.
