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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% |
Rental property for sale in Monticello at 5053 E Robin Ct, Monticello, IN, 47960 generates $1,760/mo in rent, after a $1,463/mo payment. Total monthly income is $1,760/mo. Return on cash invested sits at 19.49% in year one, and rental yield is 7.06% on a $299,000 entry. Equity gained on principal adds $1,929/yr, while 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 100.37% and total cumulative return in cash sums $99,490. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,760/mo property income rather than buyer’s personal income.
Single Family
Built in 1955
5,662 sqft 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: Chris Thayer • REAL ESTATE NETWORK L.L.C
Mls Name: IRMLS
Mls ID: #202515864
