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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 6798 E Rest A While Ln, Monticello, IN, 47960 uses $46,410 cash to close to unlock $2,530/yr annual cash flow and $211/mo monthly cash flow. Total monthly income runs $1,051/mo, and a $685/mo payment keeps the spread at $211/mo. Purchase price stands at $140,000, and rental yield measures 9.01% with $1,051/mo rent. Return on cash invested shows 25.36% in year one, and 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 131.84% and total cumulative return in cash records $61,186. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,051/mo property income covering a $685/mo payment rather than investor’s personal income.
Manufactured
Built in 1990
0.70 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Sallie A Denton • DENTON REAL ESTATE L.L.C.
Mls Name: IRMLS
Mls ID: #202548846
