Investment Properties Under $500K in Monrovia, IN | Ziffy.ai
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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family

Under $500K Investment Properties for Sale in Monrovia, IN

Property at 10049 N Mill Run Dr, Monrovia, IN
Listed for sale today
$ 350,000
ROI
23.1ROI percentage
Cash Flow/m
Dollar sign328
  • 3 Bed
  • 2 Bath
  • 1734 sft
10049 N Mill Run Dr, Monrovia, IN, 46157
Property at 3226 W Vintage St, Monrovia, IN
$ 323,900
ROI
26.9ROI percentage
Cash Flow/m
Dollar sign648
  • 4 Bed
  • 3 Bath
  • 2346 sft
3226 W Vintage St, Monrovia, IN, 46157
Property at 3206 W Vintage St, Monrovia, IN
$ 312,250
ROI
28.0ROI percentage
Cash Flow/m
Dollar sign718
  • 4 Bed
  • 3 Bath
  • 2053 sft
3206 W Vintage St, Monrovia, IN, 46157
Property at 160 W Union Rd, Monrovia, IN
$ 299,000
ROI
29.8ROI percentage
Cash Flow/m
Dollar sign839
  • 3 Bed
  • 2 Bath
  • 1680 sft
160 W Union Rd, Monrovia, IN, 46157

Why Invest in Monrovia, Indiana?

Investing in Monrovia, IN offers promising opportunities, especially with options under $500k. The area exhibits a rental yield of approximately 6%, and the average cash flow stands at $1,200 monthly. Also, this town shows an appreciation rate of around 4% annually, making it a solid investment choice for property investors.

8%
Avg. ROI
6%
Rental Yield
7%
Cap Rate
$1200/mo
Avg. Cash Flow
$2000/mo
Avg. Rent
4%
1Y Appreciation

Frequently Asked Questions

The average rent for properties in Monrovia is approximately $2,000 per month, with some variation depending on the property type.

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