








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 535 E 5th St, Peru, IN, 46970 listed at $110,000 pairs $1,183/mo rent with a $538/mo payment to leave $486/mo cash flow. Total monthly income runs $1,183/mo, and annual cash flow reaches $5,834/yr on $36,465 cash to close. Return on cash invested measures 35.91% in year one, and rental yield registers 12.91% at a $110,000 basis. Equity gained on principal adds $710/yr, and annual property appreciation at 5% supports $30,391 by year five. Five-year ROI tracks 188.96% and total cumulative return in cash totals $68,904. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,183/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1958
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 |
|---|---|---|
| 2025-07-21 | Sold | $110,000 |
| 2025-06-11 | Listed for sale | $110,000 |
| 2025-03-07 | Sold | $53,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-23 | $1356.00 | N/A | $85,700 | 26.40% |
| 2023-10-23 | $1356.00 | N/A | $67,800 | N/A |
| 2022-10-23 | N/A | N/A | $67,800 | 8.65% |



What's Special
Walk-up
Listed by: Donna S Strickland • Carriger Oldfather Realty, Inc
Mls Name: IRMLS
Mls Provider:
Mls ID: #202522166
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.