6105 N 300 EMononIN47959
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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 Monon at 6105 N 300 E, Monon, IN, 47959 earns from $2,000/mo rent with a $2,007/mo payment. Total monthly income totals $2,000/mo. ROI tracks 15.84% on current figures, and rental yield reads 5.85% at a $410,000 purchase. Equity gained on principal adds $2,646/yr, and 5% annual appreciation supports $113,275 over five years. Five-year ROI reaches 80.75% and total cumulative return in cash sums $109,751. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,000/mo property income instead of your personal income.
Single Family
Built in 2017
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 47959, Monon, IN area.
Housing Distribution
Housing Statistics
| 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 |
Housing Distribution
Address Breakdown
Residential
834
Single Family
834
Multi-Family
0
Businesses
65
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