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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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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 Monticello at 6283 E Nancy Cir, Monticello, IN, 47960 uses $34,277 cash to close to unlock $9,377/yr annual cash flow and $781/mo monthly cash flow. Total monthly income runs $1,402/mo, and a $506/mo payment keeps the spread at $781/mo. Purchase price stands at $103,400, and rental yield measures 16.27% with $1,402/mo rent. Return on cash invested shows 47.26% in year one, and 5% annual appreciation builds toward $28,568 over five years. Five-year ROI reaches 249.38% and total cumulative return in cash records $85,479. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,402/mo property income covering a $506/mo payment rather than investor’s personal income.
Manufactured
Built in 1989
0.42 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 47960, Monticello, IN area.
| 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 |
Residential
7,541
Single Family
7,290
Multi-Family
251
Businesses
583
Date | Event | Price |
|---|---|---|
| 2025-08-22 | Listing removed | $139,000 |
| 2025-05-21 | Pending sale | $139,000 |
| 2025-05-12 | Listed for sale | $139,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $209.94 | -69.72% | $103,400 | 13.25% |
| 2023-10-24 | $693.40 | 142.55% | $91,300 | 31.37% |
| 2022-10-24 | $285.88 | -1.97% | $69,500 | 149.10% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
