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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 602 S 10th St, Petersburg, IN, 47567 listed at $110,000 pairs $836/mo rent with a $538/mo payment to leave $176/mo cash flow. Total monthly income runs $836/mo, and annual cash flow reaches $2,113/yr on $36,465 cash to close. Return on cash invested measures 25.7% in year one, and rental yield registers 9.12% 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 133.8% and total cumulative return in cash totals $48,792. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $836/mo property income relative to a $538/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1990
0.32 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kristie A Kirsch • SOLID GOLD REALTY, INC.
Mls Name: IRMLS
Mls ID: #202545514
