








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 Monon at 5874 N 100 E, Monon, IN, 47959 uses $109,395 cash to close to unlock $6,159/yr annual cash flow and $513/mo monthly cash flow. Total monthly income runs $2,494/mo, and a $1,615/mo payment keeps the spread at $513/mo. Purchase price stands at $330,000, and rental yield measures 9.07% with $2,494/mo rent. Return on cash invested shows 25.54% in year one, and 5% annual appreciation builds toward $91,173 over five years. Five-year ROI reaches 132.82% and total cumulative return in cash records $145,295. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,494/mo property income covering a $1,615/mo payment rather than investor’s personal income.
Single Family
Built in 2013
5 Acres 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 |
|---|---|---|
| 2025-09-02 | Listed for sale | $330,000 |
| 2019-12-13 | Sold | $196,000 |
| 2019-11-01 | Listed for sale | $203,500 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-09-04 | $867.08 | -0.13% | $191,100 | -1.95% |
| 2023-09-04 | $868.20 | 31.83% | $194,900 | 11.95% |
| 2022-09-04 | $658.60 | -13.00% | $174,100 | 25.16% |



Listed by: Amanda McDonnell • Northwest Indiana Real Estate
Mls Name: NIRA
Mls Provider:
Mls ID: #827049
Disclaimer: Copyright 2025 MuItiple Listing Service of the Northwest Indiana REALTORS Association, Inc. All rights reserved. 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.