2976 Tapestry Dr, Monrovia, IN, 46157 | $683/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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2976 Tapestry Dr, Monrovia, IN, 46157 | $683/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 2976 Tapestry Dr, Monrovia, IN, 46157 earns $683/mo cash flow from $2,634/mo rent with a $1,591/mo payment. Total monthly income totals $2,634/mo, and annual cash flow totals $8,193/yr on $107,738 capital. ROI tracks 27.51% on current figures, and rental yield reads 9.73% at a $325,000 purchase. Equity gained on principal adds $2,097/yr, and 5% annual appreciation supports $89,792 over five years. Five-year ROI reaches 143.38% and total cumulative return in cash sums $154,477. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,634/mo property income instead of your personal income.

Single Family

Built in 2023

7,840 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to this beautifully designed single-family home, built in 2023, offering over 2,000 square feet of modern living space. Conveniently located just minutes from the interstate, this home combines easy commuting with the comfort and style of a thoughtfully planned community. Step inside to a spacious open floor plan that's perfect for both everyday living and entertaining. With 4 generously sized bedrooms and 2.5 baths, there's plenty of room for everyone. The contemporary layout includes a bright living area, dining space, and a stylish kitchen with ample cabinetry and workspace. Beyond the home itself, enjoy access to an impressive array of community amenities. A large pool with kids area ,Scenic walking trail , Multiple stocked ponds for fishing, clubhouse, playground, and A shelter house perfect for gatherings and picnics Whether you're relaxing at home or enjoying all the neighborhood has to offer, this property blends convenience, comfort, and community.

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