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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% |
Total monthly income runs $2,634/mo, and a $3,671/mo payment. Purchase price stands at $750,000, and rental yield measures 4.21% with $2,634/mo rent. Return on cash invested shows 10.97% in year one, and 5% annual appreciation builds toward $207,211 over five years. Five-year ROI reaches 54.65% and total cumulative return in cash records $134,850. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,634/mo property income covering a $3,671/mo payment rather than investor’s personal income.
Single Family
Built in 2000
10 Acres lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 46157, Monrovia, IN area.
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,737 (100%) |
| Owner Occupied HU | 1,464 (84.3%) |
| Renter Occupied HU | 157 ( 9.0%) |
| Vacant Housing Units | 116 ( 6.7%) |
| Median Home Value | $233,650 |
| Average Home Value | $319,836 |
Residential
1,676
Single Family
1,676
Multi-Family
0
Businesses
95
Date | Event | Price |
|---|---|---|
| 2024-09-01 | Price change | $750,000 |
| 2024-06-04 | Listed for sale | $799,000 |
| 2024-06-01 | Listing removed | N/A |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
What's Special
Permanent Stairs
Listed by: Theresa Volk • Grange Real Estate
Mls Name: MIBOR as distributed by MLS GRID
Mls Provider:
Mls ID: #21983234
Disclaimer: Based on information submitted to the MLS GRID as of 2024-02-07 08:48:41 PST. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/info/mls-disclaimers/#mls_48)
