2987 W Longbranch Dr, Monrovia, IN, 46157 | $195/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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2987 W Longbranch Dr, Monrovia, IN, 46157 | $195/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 2987 W Longbranch Dr, Monrovia, IN, 46157 listed at $259,000 pairs $1,750/mo rent with a $1,268/mo payment to leave $195/mo cash flow. Total monthly income runs $1,750/mo, and annual cash flow reaches $2,339/yr on $85,859 cash to close. Return on cash invested measures 22.63% in year one, and rental yield registers 8.11% at a $259,000 basis. Equity gained on principal adds $1,671/yr, and annual property appreciation at 5% supports $71,557 by year five. Five-year ROI tracks 117.2% and total cumulative return in cash totals $100,624. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,750/mo property income relative to a $1,268/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 2014

5,662 sqft lot

$N/A/sqft

No HOA

More details about the property

Nestled at 2987 W Longbranch DR, this single-family residence built by Westport Homes INC is ready to welcome you home. This inviting home awaits you in a prime location. The heart of this home is undoubtedly the eat in kitchen, featuring shaker cabinets and a practical kitchen peninsula, perfect for preparing meals or gathering with friends. Imagine the aroma of freshly baked goods filling this space, a testament to the countless memories waiting to be made. Step outside into your own private oasis, where the fenced backyard offers a secure and serene environment. The patio presents an ideal spot for outdoor living, where you can relax and unwind. As evening descends, gather around the fire pit to share stories and laughter under the stars. The neighborhood also has a playground, walking trail, clubhouse and community pool. With an open floor plan, this home is designed for effortless entertaining. The home offers an inviting and versatile living space including an office which is currently being used as a 4th bedroom. The laundry closet provides a dedicated area for household tasks, helping you to maintain an organized and efficient lifestyle. With two full bathrooms, three bedrooms and ample closet space, this 1459 square foot home, built in 2014 offers a comfortable layout. Embrace the opportunity to own this charming home, a perfect blend of comfort and style.

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