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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 Monticello at 4429 E Arrowhead Rd, Monticello, IN, 47960 listed at $359,400 pairs $1,867/mo rent with a $1,759/mo payment. Total monthly income runs $1,867/mo. Return on cash invested measures 16.98% in year one, and rental yield registers 6.23% at a $359,400 basis. Equity gained on principal adds $2,319/yr, and annual property appreciation at 5% supports $99,296 by year five. Five-year ROI tracks 86.91% and total cumulative return in cash totals $103,549. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,867/mo property income relative to a $1,759/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1972
0.35 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 |
|---|---|---|
| 2025-07-01 | Listed for sale | $375,000 |
| 2015-01-20 | Sold | $110,000 |
| 2013-06-28 | Sold | $70,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-07 | $1065.36 | 3.63% | $225,500 | 5.52% |
| 2023-10-07 | $1028.00 | 31.73% | $213,700 | 9.98% |
| 2022-10-07 | $780.36 | 2.90% | $194,300 | 23.92% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
