204 Prospect AveMonroevilleIN46773
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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
Investment Highlights
Investment property for sale in Monroeville at 204 Prospect Ave, Monroeville, IN, 46773 with 5% annual appreciation on a $179,900 basis while $1,554/mo rent supports operations. Total monthly income totals $1,554/mo and a $881/mo payment preserves $474/mo for cash returns. Annual cash flow comes to $5,683/yr on $59,637 deployed, and return on cash invested reaches 29.44% in year one. Equity gained on principal adds $1,161/yr, and five-year appreciation sums $49,703 alongside rental yield of 10.37%. Five-year ROI measures 153.73% and total cumulative return in cash totals $91,677.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,554/mo property income versus a $881/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
0.46 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 |
Housing Distribution
Address Breakdown
Residential
1,261
Single Family
1,261
Multi-Family
0
Businesses
67
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Listed by: Sarah Floyd • eXp Realty, LLC
Mls Name: IRMLS
Mls Provider:
Mls ID: #202512422
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.