605 S 9th StPetersburgIN47567
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Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Petersburg at 605 S 9th St, Petersburg, IN, 47567 uses $51,714 cash to close to unlock $3,133/yr annual cash flow and $261/mo monthly cash flow. Total monthly income runs $1,198/mo, and a $764/mo payment keeps the spread at $261/mo. Purchase price stands at $156,000, and rental yield measures 9.22% with $1,198/mo rent. Return on cash invested shows 25.97% in year one, and 5% annual appreciation builds toward $43,100 over five years. Five-year ROI reaches 135.18% and total cumulative return in cash records $69,906. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,198/mo property income covering a $764/mo payment rather than investor’s personal income.
Single Family
Built in 1943
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47567, Petersburg, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
2,477
Single Family
2,441
Multi-Family
36
Businesses
223
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Listed by: Marty Williams • Elite Home and Land Realty
Mls Name: IRMLS
Mls ID: #202603314