11204 Sashing Way, Monrovia, IN, 46157 | $563/mo Cash Flow

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11204 Sashing Way, Monrovia, IN, 46157 | $563/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monrovia at 11204 Sashing Way, Monrovia, IN, 46157 offers a 9.16% rental yield on a $345,000 purchase with $2,634/mo rent. Total monthly income registers $2,634/mo, and a $1,689/mo payment leaves $563/mo available for distribution. Annual cash flow reaches $6,751/yr on $114,368 to close, and return on cash invested stands at 25.81% in year one. Equity gained on principal adds $2,226/yr while 5% annual appreciation supports $95,317 over five years. Portfolio math shows five-year ROI at 134.27% and total cumulative return in cash at $153,556. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $1,689/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2022

6,098 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully designed 5-bedroom, 3 full bath home nestled in a charming, family-friendly neighborhood. Perfectly suited for multi-generational living or frequent guests, this home features a convenient first-floor guest suite with a full bath. Inside, you'll love the open-concept layout, highlighted by luxury vinyl flooring throughout the main level, stunning upgraded lighting, and a bright, airy loft perfect for a playroom or second living area. The kitchen is a chef's dream with stainless steel appliances, a spacious walk-in pantry, and direct access to the large patio-ideal for outdoor dining and entertaining. The attached 2-car garage offers ample storage and easy access. Beyond the home, enjoy community amenities that include an Olympic-size swimming pool, an elaborate playground, a welcoming clubhouse, and a unique barn-shaped community shelter perfect for gatherings and events. Don't miss the chance to live in this vibrant, amenity-rich neighborhood with all the space and style you've been searching for.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46157, Monrovia, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,737 (100%)
Owner Occupied HU	1,464 (84.3%)
Renter Occupied HU	157 ( 9.0%)
Vacant Housing Units	116 ( 6.7%)
Median Home Value	$233,650
Average Home Value	$319,836