7808 E Harters Dr, Monticello, IN, 47960 | $352/mo Cash Flow

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

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7808 E Harters Dr, Monticello, IN, 47960 | $352/mo Cash Flow | Ziffy

For Sale

Airbnb Potential

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 Monticello at 7808 E Harters Dr, Monticello, IN, 47960 listed at $210,000 pairs $1,613/mo rent with a $1,028/mo payment to leave $352/mo cash flow. Total monthly income runs $1,613/mo, and annual cash flow reaches $4,227/yr on $69,615 cash to close. Return on cash invested measures 25.98% in year one, and rental yield registers 9.22% at a $210,000 basis. Equity gained on principal adds $1,355/yr, and annual property appreciation at 5% supports $58,019 by year five. Five-year ROI tracks 135.2% and total cumulative return in cash totals $94,120. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,613/mo property income relative to a $1,028/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Manufactured

Built in 2017

0.82 Acres lot

$N/A/sqft

No HOA

More details about the property

Peaceful Riverfront Retreat Move-In Ready Modular Home Welcome to this charming 3-bedroom, 2-bath modular home built in 2017, perfectly nestled in a secluded, tree-lined setting with serene river views. Whether you're looking for a weekend getaway or a year-round residence, this cozy home offers comfort, privacy, and natural beauty. Step inside to a warm and inviting interior featuring an open-concept living space and a gas corner fireplace that adds the perfect touch of charm and warmth. The spacious kitchen comes fully equipped with all appliances included, making it truly move-in ready. Best of all, the home comes fully furnishedjust bring your suitcase! Relax on the large deck overlooking the river and enjoy the peaceful surroundings, ideal for morning coffee, evening sunsets, or simply soaking in the quiet nature around you. Don't miss this rare opportunity to own a fully furnished riverfront haven with modern conveniences and the tranquility you've been dreaming of.

Neighborhood Data

Neighborhood data shown for ZIP Code: 47960, Monticello, IN area.

Housing Distribution

Housing Statistics

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