5116 S Reagan DrMonticelloIN47960
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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
Investment Highlights
Investment property for sale in Monticello at 5116 S Reagan Dr, Monticello, IN, 47960 earns $305/mo cash flow from $1,926/mo rent with a $1,322/mo payment. Total monthly income totals $1,926/mo, and annual cash flow totals $3,657/yr on $89,505 capital. ROI tracks 23.99% on current figures, and rental yield reads 8.56% at a $270,000 purchase. Equity gained on principal adds $1,742/yr, and 5% annual appreciation supports $74,596 over five years. Five-year ROI reaches 124.5% and total cumulative return in cash sums $111,433. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,926/mo property income instead of your personal income.
Single Family
Built in 2000
0.30 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
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Listed by: John Koppelmann, CRS, e-PRO, GRI, SRES • Koppelmann Real Estate
Mls Name: IRMLS
Mls ID: #202534303