4691 E Ravinea Loop, Monticello, IN, 47960 | $34/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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4691 E Ravinea Loop, Monticello, IN, 47960 | $34/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monticello at 4691 E Ravinea Loop, Monticello, IN, 47960 uses $100,411 cash to close to unlock $411/yr annual cash flow and $34/mo monthly cash flow. Total monthly income runs $1,853/mo, and a $1,483/mo payment keeps the spread at $34/mo. Purchase price stands at $302,900, and rental yield measures 7.34% with $1,853/mo rent. Return on cash invested shows 20.32% in year one, and 5% annual appreciation builds toward $83,686 over five years. Five-year ROI reaches 104.82% and total cumulative return in cash records $105,250. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,853/mo property income covering a $1,483/mo payment rather than investor’s personal income.

Single Family

Built in 1953

1.23 Acres lot

$N/A/sqft

No HOA

More details about the property

Charming and cozy 3-bed, 2-bath home with a fully finished basement and 1-car detached garage. The finished basement offers a versatile bonus room perfect for an office, guest space or an additional bedroom, plus a spacious rec. room complete with a pool table included with the home! A fun touch awaits in the basement bath where the light-up faucet adds a playful glow....no night light needed!! Outside the inviting, large deck provides the perfect spot for the family to gather or a place to relax and enjoy nature. Warm and inviting throughout, this home is ready to welcome its next owner.

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