2893 W Broderie Ln, Monrovia, IN, 46157 | $548/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2893 W Broderie Ln, Monrovia, IN, 46157 | $548/mo Cash Flow | Ziffy

For Sale

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

Investment property for sale in Monrovia at 2893 W Broderie Ln, Monrovia, IN, 46157 offers a 9.1% rental yield on a $347,500 purchase with $2,634/mo rent. Total monthly income registers $2,634/mo, and a $1,701/mo payment leaves $548/mo available for distribution. Annual cash flow reaches $6,574/yr on $115,196 to close, and return on cash invested stands at 25.62% in year one. Equity gained on principal adds $2,242/yr while 5% annual appreciation supports $96,008 over five years. Portfolio math shows five-year ROI at 133.2% and total cumulative return in cash at $153,441. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,634/mo property income against a $1,701/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 2019

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

This inviting property is just waiting for someone to start their next chapter. Imagine waking up and padding into your bathroom, where a double vanity awaits, ready to host your morning routine, followed by a refreshing start in the walk in shower. With two full bathrooms, mornings just got a whole lot smoother, no matter how many people are vying for mirror time. The home offers a generous 2837 square feet of living area, giving everyone room to spread out and find their own happy place across two stories. With four bedrooms, and a large loft, there's space for everyone to have their own sanctuary, or perhaps finally create that home office or hobby room you've always dreamed of. You will find a laundry room and a walk-in closet for extra convenience. The property, built in 2019, sits on a 7841 square feet lot area, offering ample space for outdoor activities. A fully fenced back yard complete with concrete patio and gazebo offer privacy and relaxation. The mini barn offers additional storage! With one half bathroom, your guests will feel comfortable. This single-family residence is not just a house; it's a launchpad for creating unforgettable memories and a life you'll absolutely adore. Roof is 2 years old and all new vinyl plank flooring on main level. Seller is offering $5,000 flooring concession for upstairs! Updated photos to follow - photos are a few years old!

Neighborhood Data

Neighborhood data shown for ZIP Code: 46157, Monrovia, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,737 (100%)
Owner Occupied HU	1,464 (84.3%)
Renter Occupied HU	157 ( 9.0%)
Vacant Housing Units	116 ( 6.7%)
Median Home Value	$233,650
Average Home Value	$319,836