5826 E Saint John AveMonticelloIN47960
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 5826 E Saint John Ave, Monticello, IN, 47960 earns $790/mo cash flow from $3,209/mo rent with a $1,972/mo payment. Total monthly income totals $3,209/mo, and annual cash flow totals $9,484/yr on $133,595 capital. ROI tracks 27.01% on current figures, and rental yield reads 9.56% at a $403,000 purchase. Equity gained on principal adds $2,600/yr, and 5% annual appreciation supports $111,341 over five years. Five-year ROI reaches 140.68% and total cumulative return in cash sums $187,942. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,209/mo property income instead of your personal income.
Single Family
Built in 2023
0.60 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jennifer Newell • JNR Lux Realty Group, LLC
Mls Name: IRMLS
Mls ID: #202548878