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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 614 S 9th St, Petersburg, IN, 47567 uses $51,349 cash to close to unlock $2,164/yr annual cash flow and $180/mo monthly cash flow. Total monthly income runs $1,110/mo, and a $758/mo payment keeps the spread at $180/mo. Purchase price stands at $154,900, and rental yield measures 8.6% with $1,110/mo rent. Return on cash invested shows 24.12% in year one, and 5% annual appreciation builds toward $42,796 over five years. Five-year ROI reaches 125.28% and total cumulative return in cash records $64,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,110/mo property income covering a $758/mo payment rather than investor’s personal income.
Single Family
Built in 1923
10,018 sqft 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 |
|---|---|---|
| 2024-07-17 | Listed for sale | $154,900 |
| 2021-07-30 | Sold | $136,000 |
| 2021-06-28 | Pending sale | $139,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2023-10-15 | $939.00 | 39.52% | $102,800 | 9.48% |
| 2022-10-15 | $673.00 | 4.83% | $93,900 | 39.52% |
| 2021-10-15 | $642.00 | -40.61% | $67,300 | 4.83% |
Listed by: Debbie Goodwin • Century 21 Classic Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202426541
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.
