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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Multi Family Investment Properties for Sale in Monticello, IN
Rental Income
$ 280,000
ROI
21.8
Cash Flow/m
160- 2 Bed
- 1 Bath
- 736 sft
10959 N Lower Lake Shore Dr, Monticello, IN, 47960
$ 250,000
ROI
34.8Cash Flow/m
1043- 4 Bed
- 3 Bath
- 2518 sft
525 W Marion St, Monticello, IN, 47960
$ 225,000
ROI
23.6Cash Flow/m
242- 5 Bed
- 3 Bath
- 2133 sft
318 S Illinois St, Monticello, IN, 47960
$ 230,000
ROI
36.1Cash Flow/m
1045- 4 Bed
- 2 Bath
- 2360 sft
12709 & #12713-1225, Monticello, IN, 47960
Why Invest in Monticello, Indiana?
Investing in multifamily properties in Monticello, IN offers exceptional opportunities for cash flow and stability. With rental yields averaging 7% and a cap rate of 8%, investors can expect solid returns. Monticello's growing rental market, with an average rent of $1,200, showcases the demand for quality housing in the area.
12%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The rental rates in Monticello have seen a growth of about 6% over the last year, indicating a strong demand for housing.
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