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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 Monrovia at 3291 W Keepsake Ln, Monrovia, IN, 46157 priced at $345,580 converts $2,634/mo rent into $518/mo cash flow after a $1,691/mo obligation. Total monthly income equals $2,634/mo, and annual cash flow totals $6,220/yr on $114,560 invested. Return on cash invested prints 25.34% in year one, and rental yield reads 9.15% against a $345,580 entry. Equity gained on principal adds $2,230/yr, while 5% annual appreciation compiles into $95,477 by year five. Five-year ROI reaches 131.89% and total cumulative return in cash sums $151,098. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,634/mo property income covering a $1,691/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6,534 sqft lot
$N/A/sqft
$500 annually HOA
Neighborhood data shown for ZIP Code: 46157, Monrovia, IN area.
| 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 |
Residential
1,676
Single Family
1,676
Multi-Family
0
Businesses
95
Date | Event | Price |
|---|---|---|
| 2025-04-04 | Listed for sale | $345,580 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Frances Williams • DRH Realty of Indiana, LLC
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #22030826
Disclaimer: Based on information submitted to the MLS GRID as of 2025-04-20 07:52:53 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#48)
