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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 6444 E Andrew Ct, Monticello, IN, 47960 earns $711/mo cash flow from $1,806/mo rent with a $893/mo payment. Total monthly income totals $1,806/mo, and annual cash flow totals $8,529/yr on $60,499 capital. ROI tracks 34.01% on current figures, and rental yield reads 11.88% at a $182,500 purchase. Equity gained on principal adds $1,178/yr, and 5% annual appreciation supports $50,421 over five years. Five-year ROI reaches 178.19% and total cumulative return in cash sums $107,806. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,806/mo property income instead of your personal income.
Manufactured
Built in 1998
1 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 |
|---|---|---|
| 2024-11-07 | Sold | $182,500 |
| 2024-09-13 | Listed for sale | $189,000 |
| 2024-08-20 | Listing removed | $185,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-24 | $448.78 | 40.41% | $127,600 | 8.32% |
| 2023-10-24 | $319.62 | -69.53% | $117,800 | 24.39% |
| 2022-10-24 | $1049.08 | 3.39% | $94,700 | 7.25% |
Listed by: Darcy Weston • Darcy Weston RE
Mls Name: IRMLS
Mls Provider:
Mls ID: #202435466
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.
