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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% |
Rental property for sale in Monon at 3159 E Stahl Rd, Monon, IN, 47959 generates $1,622/mo in rent, after a $2,349/mo payment. Total monthly income is $1,622/mo. Return on cash invested sits at 10.41% in year one, and rental yield is 4.06% on a $480,000 entry. Equity gained on principal adds $3,097/yr, while 5% annual appreciation builds toward $132,615 over five years. Five-year ROI reaches 51.67% and total cumulative return in cash sums $82,217. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,622/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
6,272 sqft 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 |
|---|---|---|
| 2025-03-22 | Listed for sale | $480,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-03-25 | $3604.38 | 3.39% | $380,900 | 4.56% |
| 2023-03-25 | $3486.10 | 0.71% | $364,300 | 12.27% |
| 2022-03-25 | $3461.60 | 15.74% | $324,500 | 3.77% |
What's Special
Pull Down Stairs
Listed by: Randall German • Joan Abbott Real Estate
Mls Name: IRMLS
Mls Provider:
Mls ID: #202509474
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.
