1128 N Diamond Point CtMonticelloIN47960
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 Monticello at 1128 N Diamond Point Ct, Monticello, IN, 47960 offers a 9.12% rental yield on a $297,600 purchase with $2,262/mo rent. Total monthly income registers $2,262/mo, and a $1,457/mo payment leaves $475/mo available for distribution. Annual cash flow reaches $5,702/yr on $98,654 to close, and return on cash invested stands at 25.69% in year one. Equity gained on principal adds $1,920/yr while 5% annual appreciation supports $82,221 over five years. Portfolio math shows five-year ROI at 133.63% and total cumulative return in cash at $131,834. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,262/mo property income against a $1,457/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2009
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47960, Monticello, IN area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,815 (100%) |
| Owner Occupied HU | 4,956 (50.5%) |
| Renter Occupied HU | 1,593 (16.2%) |
| Vacant Housing Units | 3,266 (33.3%) |
| Median Home Value | $204,797 |
| Average Home Value | $248,483 |
Housing Distribution
Address Breakdown
Residential
7,541
Single Family
7,290
Multi-Family
251
Businesses
583
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A