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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 Monon at 2992 E Bradford Ct, Monon, IN, 47959 uses $46,493 cash to close to unlock $11,155/yr annual cash flow and $930/mo monthly cash flow. Total monthly income runs $1,771/mo, and a $686/mo payment keeps the spread at $930/mo. Purchase price stands at $140,250, and rental yield measures 15.15% with $1,771/mo rent. Return on cash invested shows 43.9% in year one, and 5% annual appreciation builds toward $38,748 over five years. Five-year ROI reaches 231.3% and total cumulative return in cash records $107,537. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,771/mo property income covering a $686/mo payment rather than investor’s personal income.
Single Family
Built in 1965
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47959, Monon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,167 (100%) |
| Owner Occupied HU | 688 (59.0%) |
| Renter Occupied HU | 298 (25.5%) |
| Vacant Housing Units | 181 (15.5%) |
| Median Home Value | $143,883 |
| Average Home Value | $170,356 |
Residential
834
Single Family
834
Multi-Family
0
Businesses
65
Date | Event | Price |
|---|---|---|
| 2025-09-18 | Sold | $140,250 |
| 2025-07-31 | Price change | $140,000 |
| 2025-07-07 | Price change | $150,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $372.80 | -65.98% | $135,000 | 17.19% |
| 2023-10-24 | $1095.80 | 6.78% | $115,200 | 12.94% |
| 2022-10-24 | $1026.20 | -2.93% | $102,000 | 10.03% |
Listed by: Brenda Sprunger • Redlow Group
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435099
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.
