632 W Main StPeruIN46970
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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 Peru at 632 W Main St, Peru, IN, 46970 at $120,900 posts ROI 36.47% with $553/mo cash flow from $1,487/mo rent. Total monthly income equals $1,487/mo, and annual cash flow records $6,638/yr on $40,078 to close. Return on cash invested measures 36.47% and rental yield reads 14.76% at the current $120,900. Equity gained on principal adds $780/yr, and 5% annual appreciation supports $33,402 by year five. Five-year ROI prints 193.78% and total cumulative return in cash totals $77,666.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,487/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1928
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 46970, Peru, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 10,753 (100%) |
| Owner Occupied HU | 6,545 (60.9%) |
| Renter Occupied HU | 3,020 (28.1%) |
| Vacant Housing Units | 1,188 (11.0%) |
| Median Home Value | $134,310 |
| Average Home Value | $190,288 |
Housing Distribution
Address Breakdown
Residential
10,003
Single Family
9,618
Multi-Family
385
Businesses
687
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