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

Property at 606 Maple St, Monticello, IN
Listed for sale 3 days ago
$ 209,900
ROI
23.9ROI percentage
Cash Flow/m
Dollar sign244
  • 3 Bed
  • 2 Bath
  • 1306 sft
606 Maple St, Monticello, IN, 47960
Property at 215 S Main St, Monticello, IN
Listed for sale 4 days ago
$ 189,900
ROI
25.2ROI percentage
Cash Flow/m
Dollar sign289
  • 4 Bed
  • 3 Bath
  • 1984 sft
215 S Main St, Monticello, IN, 47960
Property at 5568 E Neininger Dr, Monticello, IN
Listed for sale 7 days ago
$ 185,000
ROI
25.4ROI percentage
Cash Flow/m
Dollar sign292
  • 2 Bed
  • 1 Bath
  • 1152 sft
5568 E Neininger Dr, Monticello, IN, 47960
Property at 434 Turpie St, Monticello, IN
Listed for sale 7 days ago
$ 154,900
ROI
26.5ROI percentage
Cash Flow/m
Dollar sign290
  • 3 Bed
  • 2 Bath
  • 1176 sft
434 Turpie St, 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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