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

Property at 2945 W Calimanco Ln, Monrovia, IN
Listed for sale 1 day ago
$ 265,000
ROI
33.9ROI percentage
Cash Flow/m
Dollar sign1043
  • 3 Bed
  • 2 Bath
  • 1402 sft
2945 W Calimanco Ln, Monrovia, IN, 46157
Property at Henley Plan, Homestead, Monrovia, IN
Listed for sale 2 days ago
$ 340,900
ROI
26.0ROI percentage
Cash Flow/m
Dollar sign588
  • 5 Bed
  • 3 Bath
  • 2600 sft
Henley Plan, Homestead, Monrovia, IN, 46157
Property at 3165 W Haberdashery Dr, Monrovia, IN
$ 319,700
ROI
27.3ROI percentage
Cash Flow/m
Dollar sign673
  • 4 Bed
  • 3 Bath
  • 2053 sft
3165 W Haberdashery Dr, Monrovia, IN, 46157
Property at Lyndhurst Plan, Homestead, Monrovia, IN
$ 350,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign528
  • 4 Bed
  • 3 Bath
  • 2904 sft
Lyndhurst Plan, Homestead, 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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