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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Investment property for sale in Monterey at 2668 E 600 N, Monterey, IN, 46960 earns $1,492/mo cash flow from $4,253/mo rent with a $2,251/mo payment. Total monthly income totals $4,253/mo, and annual cash flow totals $17,906/yr on $152,490 capital. ROI tracks 31.65% on current figures, and rental yield reads 11.09% at a $460,000 purchase. Equity gained on principal adds $2,968/yr, and 5% annual appreciation supports $127,090 over five years. Five-year ROI reaches 165.58% and total cumulative return in cash sums $252,493. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $4,253/mo property income instead of your personal income.
Single Family
Built in 2007
1 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| 2025-05-12 | Sold | $460,000 |
| 2025-04-07 | Pending sale | $495,000 |
| 2025-04-06 | Contingent | $495,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-11-02 | $2186.62 | -10.32% | $394,300 | -2.30% |
| 2023-11-02 | $2438.28 | -7.05% | $403,600 | 5.52% |
| 2022-11-02 | $2623.12 | 8.41% | $382,500 | -3.80% |
Listed by: Lisa Malchow • RE/MAX SELECT REALTY
Mls Name: IRMLS
Mls Provider:
Mls ID: #202438624
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.
