944 Tulip DrPeruIN46970
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 944 Tulip Dr, Peru, IN, 46970 listed at $169,500 pairs $1,492/mo rent with a $830/mo payment to leave $474/mo cash flow. Total monthly income runs $1,492/mo, and annual cash flow reaches $5,690/yr on $56,189 cash to close. Return on cash invested measures 30.03% in year one, and rental yield registers 10.56% at a $169,500 basis. Equity gained on principal adds $1,094/yr, and annual property appreciation at 5% supports $46,830 by year five. Five-year ROI tracks 156.96% and total cumulative return in cash totals $88,196. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,492/mo property income relative to a $830/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1970
8,712 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jessica Shannon • Modern Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202525002
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.