14024 Houk Rd, Monroeville, IN, 46773 | 6.66% Rental Yield

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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

Total monthly income runs $2,719/mo, and a $2,398/mo payment. Purchase price stands at $490,000, and rental yield measures 6.66% with $2,719/mo rent. Return on cash invested shows 18.27% in year one, and 5% annual appreciation builds toward $135,378 over five years. Five-year ROI reaches 93.79% and total cumulative return in cash records $152,352. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,719/mo property income covering a $2,398/mo payment rather than investor’s personal income.

Single Family

Built in 1984

4.65 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 46773, Monroeville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,494 (100%)
Owner Occupied HU	1,185 (79.3%)
Renter Occupied HU	236 (15.8%)
Vacant Housing Units	73 ( 4.9%)
Median Home Value	$254,599
Average Home Value	$274,384