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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 2 days ago
$ 189,900
ROI
31.2
Cash Flow/m
602- 2 Bed
- 1 Bath
- 1204 sft
517 W Jefferson St, Monticello, IN, 47960
Listed for sale 3 days ago
$ 142,750
ROI
26.0Cash Flow/m
249- 3 Bed
- 2 Bath
- 1976 sft
566 S Main St, Monticello, IN, 47960
Listed for sale 4 days ago
$ 179,900
ROI
26.1Cash Flow/m
317- 2 Bed
- 1 Bath
- 912 sft
618 East St, Monticello, IN, 47960
$ 219,000
ROI
22.6Cash Flow/m
171- 3 Bed
- 2 Bath
- 1748 sft
210 N Railroad 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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