Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 6215 N State Road 57, Petersburg, IN, 47567 offers a 10.53% rental yield on a $180,000 purchase with $1,579/mo rent. Total monthly income registers $1,579/mo, and a $881/mo payment leaves $499/mo available for distribution. Annual cash flow reaches $5,982/yr on $59,670 to close, and return on cash invested stands at 29.93% in year one. Equity gained on principal adds $1,162/yr while 5% annual appreciation supports $49,731 over five years. Portfolio math shows five-year ROI at 156.39% and total cumulative return in cash at $93,317. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,579/mo property income against a $881/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
1.97 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 |
|---|---|---|
| 2025-04-23 | Listed for sale | $180,000 |
| 2022-06-13 | Listing removed | $164,250 |
| 2022-05-27 | Pending sale | $164,250 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-24 | $996.42 | 3.91% | $120,500 | 8.95% |
| 2023-04-24 | $958.96 | 25.95% | $110,600 | 6.24% |
| 2022-04-24 | $761.38 | 14.53% | $104,100 | 15.54% |
Listed by: Lacey Guerra • KELLER WILLIAMS CAPITAL REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514056
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.
