Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Monticello at 3727 E Polk Loop, Monticello, IN, 47960 with 5% annual appreciation on a $244,900 basis while $2,107/mo rent supports operations. Total monthly income totals $2,107/mo and a $1,199/mo payment preserves $637/mo for cash returns. Annual cash flow comes to $7,639/yr on $81,184 deployed, and return on cash invested reaches 29.32% in year one. Equity gained on principal adds $1,580/yr, and five-year appreciation sums $67,661 alongside rental yield of 10.32%. Five-year ROI measures 153.08% and total cumulative return in cash totals $124,277.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,107/mo property income versus a $1,199/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1970
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47960, Monticello, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 9,815 (100%) |
| Owner Occupied HU | 4,956 (50.5%) |
| Renter Occupied HU | 1,593 (16.2%) |
| Vacant Housing Units | 3,266 (33.3%) |
| Median Home Value | $204,797 |
| Average Home Value | $248,483 |
Residential
7,541
Single Family
7,290
Multi-Family
251
Businesses
583
Date | Event | Price |
|---|---|---|
| 2025-04-28 | Listed for sale | $244,900 |
| 2020-09-30 | Sold | $62,000 |
| 2019-07-26 | Listing removed | $99,800 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-30 | $1049.76 | 3.40% | $123,500 | 16.40% |
| 2023-04-30 | $1015.20 | 6.76% | $106,100 | 12.28% |
| 2022-04-30 | $950.92 | -2.55% | $94,500 | 10.01% |
Listed by: SHERI FELL • Keller Williams Lafayette
Mls Name: IRMLS
Mls Provider:
Mls ID: #202514918
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.
