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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 4706 E Ravinea Loop, Monticello, IN, 47960 offers a 9.4% rental yield on a $140,000 purchase with $1,097/mo rent. Total monthly income registers $1,097/mo, and a $685/mo payment leaves $257/mo available for distribution. Annual cash flow reaches $3,082/yr on $46,410 to close, and return on cash invested stands at 26.55% in year one. Equity gained on principal adds $903/yr while 5% annual appreciation supports $38,679 over five years. Portfolio math shows five-year ROI at 138.2% and total cumulative return in cash at $64,138. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,097/mo property income against a $685/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Manufactured
Built in 1989
0.28 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Kathleen Bassett • Redlow Group
Mls Name: IRMLS
Mls ID: #202548510
