4335 E Arrowhead RdMonticelloIN47960
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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
Investment Highlights
Rental property for sale in Monticello at 4335 E Arrowhead Rd, Monticello, IN, 47960 generates $2,689/mo in rent and, after a $1,610/mo payment, leaves $714/mo in cash flow. Total monthly income is $2,689/mo, and annual cash flow is $8,572/yr on $109,064 invested. Return on cash invested sits at 27.77% in year one, and rental yield is 9.81% on a $329,000 entry. Equity gained on principal adds $2,123/yr, while 5% annual appreciation builds toward $90,897 over five years. Five-year ROI reaches 144.77% and total cumulative return in cash sums $157,893. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,689/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47960, Monticello, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
7,541
Single Family
7,290
Multi-Family
251
Businesses
583
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Listed by: Chris Thayer • REAL ESTATE NETWORK L.L.C
Mls Name: IRMLS
Mls ID: #202601464