7107 Ternet Rd, Monroeville, IN, 46773 | $551/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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7107 Ternet Rd, Monroeville, IN, 46773 | $551/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Monroeville at 7107 Ternet Rd, Monroeville, IN, 46773 uses $72,897 cash to close to unlock $6,615/yr annual cash flow and $551/mo monthly cash flow. Total monthly income runs $1,871/mo, and a $1,076/mo payment keeps the spread at $551/mo. Purchase price stands at $219,900, and rental yield measures 10.21% with $1,871/mo rent. Return on cash invested shows 28.98% in year one, and 5% annual appreciation builds toward $60,754 over five years. Five-year ROI reaches 151.29% and total cumulative return in cash records $110,284. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,871/mo property income covering a $1,076/mo payment rather than investor’s personal income.

Single Family

Built in 1875

1.50 Acres lot

$N/A/sqft

No HOA

More details about the property

Don't miss your opportunity at country living. This 1875 farm home has ample space to work with. Original hardwood throughout the home, as well as newer windows, 2 year old roof, and a newer heat pump system that is large enough to add to if desired. There are vents in the living room and garage for pellet burners just for more efficient heating during the winter months. This home is all electric no gas, and is setting on a 1.5 acre lot with the original septic system that works great. All appliances are included. The barn next door IS NOT part of this transaction BUT can be negotiated if interested in purchasing.

Neighborhood Data

Neighborhood data shown for ZIP Code: 46773, Monroeville, IN area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,494 (100%)
Owner Occupied HU	1,185 (79.3%)
Renter Occupied HU	236 (15.8%)
Vacant Housing Units	73 ( 4.9%)
Median Home Value	$254,599
Average Home Value	$274,384