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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% |
Investment property for sale in Petersburg at 5522 N State Road 57, Petersburg, IN, 47567 offers a 9.56% rental yield on a $269,900 purchase with $2,150/mo rent. Total monthly income registers $2,150/mo, and a $1,321/mo payment leaves $530/mo available for distribution. Annual cash flow reaches $6,358/yr on $89,472 to close, and return on cash invested stands at 27.02% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,568 over five years. Portfolio math shows five-year ROI at 140.7% and total cumulative return in cash at $125,886. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,150/mo property income against a $1,321/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1956
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47567, Petersburg, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,619 (100%) |
| Owner Occupied HU | 1,818 (69.4%) |
| Renter Occupied HU | 503 (19.2%) |
| Vacant Housing Units | 298 (11.4%) |
| Median Home Value | $175,641 |
| Average Home Value | $200,881 |
Residential
2,477
Single Family
2,441
Multi-Family
36
Businesses
223
Date | Event | Price |
|---|---|---|
| 2025-05-29 | Listed for sale | $269,900 |
| 2018-09-07 | Sold | $129,900 |
| 2018-07-07 | Listed for sale | $129,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-05-30 | $1734.00 | 6.71% | $189,500 | 9.28% |
| 2023-05-30 | $1625.00 | 15.91% | $173,400 | 6.71% |
| 2022-05-30 | $1402.00 | 5.33% | $162,500 | 15.91% |
Listed by: Randy Harris • HARRIS REAL ESTATE LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202520123
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.
