








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 Monon at 5785 N Stahl Rd, Monon, IN, 47959 generates $1,882/mo in rent, after a $2,614/mo payment. Total monthly income is $1,882/mo. Return on cash invested sits at 11.02% in year one, and rental yield is 4.23% on a $534,000 entry. Equity gained on principal adds $3,446/yr, while 5% annual appreciation builds toward $147,534 over five years. Five-year ROI reaches 54.91% and total cumulative return in cash sums $96,470. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,882/mo property income rather than buyer’s personal income.
Single Family
Built in 1958
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47959, Monon, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,167 (100%) |
| Owner Occupied HU | 688 (59.0%) |
| Renter Occupied HU | 298 (25.5%) |
| Vacant Housing Units | 181 (15.5%) |
| Median Home Value | $143,883 |
| Average Home Value | $170,356 |
Residential
834
Single Family
834
Multi-Family
0
Businesses
65
Date | Event | Price |
|---|---|---|
| 2024-12-03 | Sold | $534,000 |
| 2024-10-20 | Pending sale | $558,900 |
| 2024-10-03 | Price change | $558,900 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $2673.36 | 10.30% | $286,200 | 5.92% |
| 2023-10-24 | $2423.62 | 3.08% | $270,200 | 19.77% |
| 2022-10-24 | $2351.28 | 6.28% | $225,600 | 6.21% |



Listed by: Donna Mink • Mink Realty
Mls Name: IRMLS
Mls Provider:
Mls ID: #202436506
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.