Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 Monroe City at 8875 E Hamlin Chapel Rd, Monroe City, IN, 47557 offers a 6.2% rental yield on a $300,000 purchase with $1,550/mo rent. 89% in year one. Equity gained on principal adds $1,936/yr while 5% annual appreciation supports $82,884 over five years. Portfolio math shows five-year ROI at 86.41% and total cumulative return in cash at $85,932. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,550/mo property income against a $1,468/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
4 Acres lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-06-20 | $1679.64 | 23.59% | $127,400 | 5.90% |
| 2023-06-20 | $1359.08 | 1.54% | $120,300 | 33.08% |
| 2022-06-20 | $1338.48 | 7.81% | $90,400 | 12.86% |
Listed by: N/A • N/A
Mls Name: undefined
Mls ID: #N/A
