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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Under $500K Investment Properties for Sale in Monticello, IN

Listed for sale 1 day ago
$ 350,000
ROI
22.3
Cash Flow/m
246- 3 Bed
- 2 Bath
- 1708 sft
207 Sandalwood Dr, Monticello, IN, 47960

Motivated Seller
Listed for sale 6 days ago
$ 220,000
ROI
30.5
Cash Flow/m
659- 3 Bed
- 2 Bath
- 1380 sft
6542 E Palmers Dr, Monticello, IN, 47960

Fix & Flip
$ 186,000
ROI
33.6
Cash Flow/m
715- 3 Bed
- 1 Bath
- 1408 sft
1001 Calley Dr, Monticello, IN, 47960

Fix & Flip
$ 177,500
ROI
34.0
Cash Flow/m
703- 3 Bed
- 1 Bath
- 1008 sft
610 Hillcrest Dr, Monticello, IN, 47960
Why Invest in Monticello, Indiana?
Investing in Monticello, Indiana, offers a unique opportunity to acquire properties under $500K in a growing market. With an average rental yield around 7% and a favorable cap rate near 8%, this area is attracting attention for its affordability. As the local economy expands, investors can benefit from steady appreciation and low vacancy rates in this charming community.
10%
Avg. ROI
7%
Rental Yield
8%
Cap Rate
$400/mo
Avg. Cash Flow
$1200/mo
Avg. Rent
4%
1Y Appreciation
Frequently Asked Questions
The average rent for properties in Monticello is approximately $1,200 per month. This ensures that investors can achieve competitive returns on rental investments.
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