4386 E Luse RdMonticelloIN47960
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
Investment Highlights
Investment property for sale in Monticello at 4386 E Luse Rd, Monticello, IN, 47960 listed at $499,000 pairs $3,998/mo rent with a $2,442/mo payment to leave $1,003/mo cash flow. Total monthly income runs $3,998/mo, and annual cash flow reaches $12,035/yr on $165,419 cash to close. Return on cash invested measures 27.18% in year one, and rental yield registers 9.61% at a $499,000 basis. Equity gained on principal adds $3,220/yr, and annual property appreciation at 5% supports $137,865 by year five. Five-year ROI tracks 141.61% and total cumulative return in cash totals $234,246. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,998/mo property income relative to a $2,442/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1946
1.18 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brian Rodriguez • VOGEL REAL ESTATE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202511292
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.