3429 W Briarwood RdMonroviaIN46157
INVESTMENT ANALYSIS
Investment Verdict
Steady Equity BuilderThe 7.53% yield at 3429 W Briarwood Rd, Monrovia, IN, 46157 in Monrovia is solid, but the $1,889/mo payment compresses net cash flow to $113/mo at $419,999. This is a tight-spread property, income covers debt, with little cushion. For investors who can optimise occupancy, the upside is real: 5% annual appreciation adds $116,038 by year five, and $3,868/yr in loan paydown builds equity. Ziffy Mortgage qualifies this via DSCR (1.39) without U.S. income documentation. Total projected return: $166,177.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 7.5% | 6.0% |
| Monthly Cash Flow | $113 | $300 |
City averages based on Monrovia market data in our database. Property projections are estimates.
DSCR Loan Qualification
| Monthly Rental Income | $2,634 |
| Total Monthly Debt Service | $2,354 |
| DSCR Ratio | 1.12x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
Single Family
Built in 2002
7.14 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,676
Single Family
1,676
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Single Family
Built in 2002
7.14 Acres lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
1,676
Single Family
1,676
Multi-Family
0
Businesses
95
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices