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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 Monroeville at 414 Monroe St, Monroeville, IN, 46773 offers a 5.61% rental yield on a $189,900 purchase with $887/mo rent. 1% in year one. Equity gained on principal adds $1,225/yr while 5% annual appreciation supports $52,466 over five years. Portfolio math shows five-year ROI at 76.81% and total cumulative return in cash at $48,353. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $887/mo property income against a $929/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1880
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46773, Monroeville, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,494 (100%) |
| Owner Occupied HU | 1,185 (79.3%) |
| Renter Occupied HU | 236 (15.8%) |
| Vacant Housing Units | 73 ( 4.9%) |
| Median Home Value | $254,599 |
| Average Home Value | $274,384 |
Residential
1,261
Single Family
1,261
Multi-Family
0
Businesses
67
Date | Event | Price |
|---|---|---|
| 2025-10-30 | Sold | $189,900 |
| 2025-09-05 | Pending sale | $189,900 |
| 2025-07-21 | Price change | $189,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-31 | $1378.00 | 2.07% | $91,500 | 32.80% |
| 2023-10-31 | $1350.00 | 14.99% | $68,900 | 2.07% |
| 2022-10-31 | $1174.00 | 18.11% | $67,500 | 14.99% |
Listed by: Trey Forbes • Weichert Realtors - Hoosier Heartland
Mls Name: IRMLS
Mls Provider:
Mls ID: #202518057
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.
