Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 501 E 2nd St, Peru, IN, 46970 earns $245/mo cash flow from $1,475/mo rent with a $1,003/mo payment. Total monthly income totals $1,475/mo, and annual cash flow totals $2,937/yr on $67,958 capital. ROI tracks 24.23% on current figures, and rental yield reads 8.63% at a $205,000 purchase. Equity gained on principal adds $1,323/yr, and 5% annual appreciation supports $56,638 over five years. Five-year ROI reaches 125.79% and total cumulative return in cash sums $85,482. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,475/mo property income instead of your personal income.
Single Family
Built in 1900
5,793 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 |
|---|---|---|
| 2025-09-21 | Listed for sale | $205,000 |
| 2025-09-16 | Listing removed | $215,000 |
| 2025-08-27 | Price change | $215,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-23 | $1509.00 | 19.10% | $89,600 | 19.79% |
| 2023-09-23 | $1267.00 | 49.94% | $74,800 | 18.17% |
| 2022-09-23 | $845.00 | N/A | $63,300 | 50.00% |
Listed by: Andrea Alanis • Modern Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202538251
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.
