14720 State Line Rd, Monroeville, IN, 46773 | $377/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

14720 State Line Rd, Monroeville, IN, 46773 | $377/mo Cash Flow | Ziffy

For Sale

Listed for sale today

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1728 sft

604 Washington St, Decatur, IN, 46733

3 Bed
2 Bath
1614 sft

704 Washington St, Decatur, IN, 46733

2 Bed
1 Bath
1536 sft

6010 N 600 W, Decatur, IN, 46733

3 Bed
2 Bath
1454 sft

535 E Central Ave, Bluffton, IN, 46714

Nearby investment properties with comparable prices

2 Bed
1 Bath
960 sft

927 Schirmeyer St, Decatur, IN, 46733

4 Bed
2 Bath
2146 sft

726 S Johnson St, Bluffton, IN, 46714

2 Bed
2 Bath
1008 sft

1528 High St, Decatur, IN, 46733

2 Bed
1 Bath
1590 sft

1203 Elm St, Decatur, IN, 46733

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

Explore more listings using simple english

Investment Highlights

Rental property for sale in Monroeville at 14720 State Line Rd, Monroeville, IN, 46773 generates $1,427/mo in rent and, after a $856/mo payment, leaves $377/mo in cash flow. Total monthly income is $1,427/mo, and annual cash flow is $4,526/yr on $57,979 invested. Return on cash invested sits at 27.71% in year one, and rental yield is 9.79% on a $174,900 entry. Equity gained on principal adds $1,129/yr, while 5% annual appreciation builds toward $48,322 over five years. Five-year ROI reaches 144.55% and total cumulative return in cash sums $83,808. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,427/mo property income rather than buyer’s personal income.

Single Family

Built in 1976

0.26 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming country ranch with a full, unfinished basement and over 2,016 square feet of total living space. This 2 bedroom, 1 bath home offers 1,008 square feet on the main level and an additional 1,008 square feet awaiting your plans in the basement. The kitchen shines with plenty of counter space, a center island, and stainless steel appliances, plus ample cabinet storage including a pantry. The living room features a large window that fills the space with natural light. The two bedrooms are comfortable and inviting, each with ample closet space and easy access to the main bath. The full bath features a double vanity with storage. The unfinished basement provides a blank canvas for future expansion or customization. Outside, enjoy the inviting pergola over the patio and a handy shed, all set in a relaxing setting with beautiful sunsets. The home faces east and west, so you're treated to glorious sunrises from the front of the house each morning as well.

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