Real Estate Investment Properties for Sale in Monticello, IN

Looking for investment property in Monticello, IN with high ROI ?

Explore a variety of short-term homes & houses in Monticello, IN. Invest wisely with VRBO & Monticello, IN Airbnb properties available for purchase. Find your ideal investment property among our curated listings for a rewarding real estate venture.

Investment Property for Sale in Monticello, IN

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PROPERTY	DETAILS	SALE PRICE	INVESTMENT PERFORMANCE
157 W Norway Road Monticello, IN Here is your chance to own a great 2 bedroom, 1 bathroom home that has a full basement, la...	2 beds \| 1 baths \| 1,159 sq.ft.	$119,900	Airbnb cash on cash: 8.49% Traditional cash on cash: 9.63% Airbnb Rental Income: $1770 Traditional Rental Income: $1418 Airbnb ROI: 8.49% Traditional ROI: 9.63%
5397 E 600 N Monticello, IN Discover lakeside living at its finest with this stunning 4 bed, 2 bath, two-story home on...	4 beds \| 2 baths \| 1,632 sq.ft.	$489,900	Airbnb cash on cash: N/A Traditional cash on cash: 3.37% Airbnb Rental Income: $null Traditional Rental Income: $2385 Airbnb ROI: N/A Traditional ROI: 3.37%
12204 N US HWY 421 Monticello, IN Have you been looking for a lake home that has all your desires? Here it is! You will have...	4 beds \| 2 baths \| 2,023 sq.ft.	$626,000	Airbnb cash on cash: N/A Traditional cash on cash: 2.74% Airbnb Rental Income: $null Traditional Rental Income: $2437 Airbnb ROI: N/A Traditional ROI: 2.74%
5016 E Oriole Drive Monticello, IN Discover your lakeside retreat on Lake Shafer in the coveted Isle of Homes community. This...	2 beds \| 2 baths \| 1,768 sq.ft.	$539,900	Airbnb cash on cash: 0.64% Traditional cash on cash: 3.21% Airbnb Rental Income: $1770 Traditional Rental Income: $2581 Airbnb ROI: 0.64% Traditional ROI: 3.21%
111 Van Tassel Drive Monticello, IN Welcome to this beautifully updated, low-maintenance brick ranch home nestled on a quiet, ...	3 beds \| 2 baths \| 1,572 sq.ft.	$359,900	Airbnb cash on cash: 7.52% Traditional cash on cash: 5.38% Airbnb Rental Income: $4052 Traditional Rental Income: $2466 Airbnb ROI: 7.52% Traditional ROI: 5.38%
7522 N 1250 W Monticello, IN **Stunning 4-Bedroom Home with Over 3,000 sq. ft. of Living Space on 1 Acre with 30 x 40 P...	4 beds \| 2 baths \| 3,163 sq.ft.	$475,000	Airbnb cash on cash: N/A Traditional cash on cash: 4.42% Airbnb Rental Income: $null Traditional Rental Income: $2646 Airbnb ROI: N/A Traditional ROI: 4.42%
1998 N State Road 39 Monticello, IN Welcome to Eagles Nest Manor, a beautifully restored gem built in 1890, now fully updated ...	4 beds \| 3 baths \| 3,660 sq.ft.	$629,888	Airbnb cash on cash: N/A Traditional cash on cash: 3.46% Airbnb Rental Income: $null Traditional Rental Income: $2946 Airbnb ROI: N/A Traditional ROI: 3.46%
11921 W Breezy Point Drive Monticello, IN Escape to this delightful 2-bedroom, 1.5-bath cottage nestled on the serene shores of Lake...	2 beds \| 2 baths \| 1,232 sq.ft.	$199,000	Airbnb cash on cash: 4.86% Traditional cash on cash: 9.27% Airbnb Rental Income: $1770 Traditional Rental Income: $2120 Airbnb ROI: 4.86% Traditional ROI: 9.27%
222 N Beach Drive Monticello, IN Welcome to this charming 4-bedroom, 2-full bathroom home! Its open floor plan creates an i...	4 beds \| 2 baths \| 2,208 sq.ft.	$297,500	Airbnb cash on cash: N/A Traditional cash on cash: 7.91% Airbnb Rental Income: $null Traditional Rental Income: $2670 Airbnb ROI: N/A Traditional ROI: 7.91%
3957 N Lake Road 25 E Monticello, IN Check out this 2 bedroom 1 bath with 3 additional lots on Keans Creek with 190' of water w...	2 beds \| 1 baths \| 960 sq.ft.	$179,900	Airbnb cash on cash: 5.08% Traditional cash on cash: 5.71% Airbnb Rental Income: $1770 Traditional Rental Income: $1394 Airbnb ROI: 5.08% Traditional ROI: 5.71%
6615 E Chapmans Drive Monticello, IN Here is a chance to own a home near the water with access through the HOA (not mandatory t...	2 beds \| 1 baths \| 1,244 sq.ft.	$114,900	Airbnb cash on cash: 8.91% Traditional cash on cash: 10.16% Airbnb Rental Income: $1770 Traditional Rental Income: $1425 Airbnb ROI: 8.91% Traditional ROI: 10.16%
3681 N Connection Drive Monticello, IN Charming 2-bedroom, 1-bath home nestled on a spacious 3/4 acre lot. This beautifully remod...	2 beds \| 1 baths \| 930 sq.ft.	$219,000	Airbnb cash on cash: 4.22% Traditional cash on cash: 4.93% Airbnb Rental Income: $1770 Traditional Rental Income: $1434 Airbnb ROI: 4.22% Traditional ROI: 4.93%
109 N Main Street Monticello, IN Seize the opportunity to own this charming Main Street building in Monticello. The second ...	2 beds \| 4 baths \| 5,232 sq.ft.	$260,000	Airbnb cash on cash: 3.54% Traditional cash on cash: 9.87% Airbnb Rental Income: $1770 Traditional Rental Income: $2839 Airbnb ROI: 3.54% Traditional ROI: 9.87%
2412 N West Shafer Drive Monticello, IN Located within walking distance to Indiana Beach, this lake house boasts 73 feet of fronta...	3 beds \| 3 baths \| 912 sq.ft.	$329,000	Airbnb cash on cash: 8.62% Traditional cash on cash: 5.44% Airbnb Rental Income: $4052 Traditional Rental Income: $2203 Airbnb ROI: 8.62% Traditional ROI: 5.44%
12384 N Bridgeview Drive #1 Monticello, IN Come and enjoy Lake Freeman with this newly remodeled condo located in the Bridgeview Subd...	2 beds \| 2 baths \| 1,155 sq.ft.	$289,900	Airbnb cash on cash: 1.36% Traditional cash on cash: 4.52% Airbnb Rental Income: $1770 Traditional Rental Income: $2149 Airbnb ROI: 1.36% Traditional ROI: 4.52%
3169 N Lakeshore Drive Monticello, IN THE ULTIMATE LAKE LOVER'S SHANGRI-LA!! Every 'Lake Life' box is checked with this amazing...	3 beds \| 2 baths \| 2,022 sq.ft.	$847,700	Airbnb cash on cash: 2.28% Traditional cash on cash: 1.62% Airbnb Rental Income: $4052 Traditional Rental Income: $2668 Airbnb ROI: 2.28% Traditional ROI: 1.62%
8020 N W Shafer Drive Monticello, IN WATERFRONT LIVING LISTED UNDER APPRAISED VALUE!! Discover the charm and modern comfort of ...	2 beds \| 2 baths \| 792 sq.ft.	$245,000	Airbnb cash on cash: 3.89% Traditional cash on cash: 6.06% Airbnb Rental Income: $1770 Traditional Rental Income: $1789 Airbnb ROI: 3.89% Traditional ROI: 6.06%
5413 E Fairbanks Court Monticello, IN PRICE REDUCED !!! Best Views on Lake Shafer with 103' of Main Lake Frontage. 4 bed/3 bath...	4 beds \| 3 baths \| 4,236 sq.ft.	$929,900	Airbnb cash on cash: N/A Traditional cash on cash: 2.05% Airbnb Rental Income: $null Traditional Rental Income: $3116 Airbnb ROI: N/A Traditional ROI: 2.05%
3276 E Bailey Road Monticello, IN Discover your dream lakefront retreat on Lake Shafer's Big Monon Bay! This stunning 5 bedr...	5 beds \| 4 baths \| 2,372 sq.ft.	$644,900	Airbnb cash on cash: N/A Traditional cash on cash: 4.15% Airbnb Rental Income: $null Traditional Rental Income: $3534 Airbnb ROI: N/A Traditional ROI: 4.15%
12924 N 1225 W Monticello, IN Itâs not too late to get into your dream Lake Freeman home, with this turnkey and incred...	3 beds \| 4 baths \| 2,050 sq.ft.	$499,900	Airbnb cash on cash: 5.23% Traditional cash on cash: 5.54% Airbnb Rental Income: $4052 Traditional Rental Income: $3333 Airbnb ROI: 5.23% Traditional ROI: 5.54%
75 W Shafer Drive Monticello, IN Pre-Construction 3 bedroom 2 full bath 1,800 sqft. Ranch Style home on Tippecanoe Country ...	3 beds \| 2 baths \| 1,800 sq.ft.	$365,000	Airbnb cash on cash: 7.93% Traditional cash on cash: 5.35% Airbnb Rental Income: $4052 Traditional Rental Income: $2304 Airbnb ROI: 7.93% Traditional ROI: 5.35%
8291 N US Hwy 421 Monticello, IN Picturesque former golf course with clubhouse and pole building. Zoned Ag, this property ...	N/A beds \| 3 baths \| N/A	$379,900	Airbnb cash on cash: N/A Traditional cash on cash: 1.03% Airbnb Rental Income: $null Traditional Rental Income: $1149 Airbnb ROI: N/A Traditional ROI: 1.03%
9598 N Downey Drive Monticello, IN Here's the chance to own your very own lake home on a double lot with 2 bedrooms and 1 bat...	2 beds \| 1 baths \| 800 sq.ft.	$229,900	Airbnb cash on cash: 3.89% Traditional cash on cash: 4.94% Airbnb Rental Income: $1770 Traditional Rental Income: $1515 Airbnb ROI: 3.89% Traditional ROI: 4.94%
211 N Miller Manor Monticello, IN Spacious 4 bed ranch with optional 5th bedroom offers 2,796 sq ft of comfortable living. E...	4 beds \| 3 baths \| 2,796 sq.ft.	$299,900	Airbnb cash on cash: N/A Traditional cash on cash: 7.26% Airbnb Rental Income: $null Traditional Rental Income: $2496 Airbnb ROI: N/A Traditional ROI: 7.26%
2371 N Untalulti Drive #D Monticello, IN Welcome to your perfect getaway on Lake Shafer! This charming, low-maintenance cottage off...	2 beds \| 1 baths \| 432 sq.ft.	$175,000	Airbnb cash on cash: 5.62% Traditional cash on cash: 6.07% Airbnb Rental Income: $1770 Traditional Rental Income: $1362 Airbnb ROI: 5.62% Traditional ROI: 6.07%
10922 N Lower Lakeshore Drive Monticello, IN Introducing a stunning Lake Freeman home with breathtaking views, perfect for families and...	3 beds \| 3 baths \| 1,828 sq.ft.	$699,000	Airbnb cash on cash: 3.28% Traditional cash on cash: 2.67% Airbnb Rental Income: $4052 Traditional Rental Income: $2790 Airbnb ROI: 3.28% Traditional ROI: 2.67%
911 Ebony Drive Monticello, IN This 4 bed and 2.5 bath home has been lovingly maintained and is ready for it's new owners...	4 beds \| 3 baths \| 1,800 sq.ft.	$289,000	Airbnb cash on cash: N/A Traditional cash on cash: 6.93% Airbnb Rental Income: $null Traditional Rental Income: $2417 Airbnb ROI: N/A Traditional ROI: 6.93%
504 E Ohio Street Monticello, IN This stunning Lake Freeman home boasts nearly 130 feet of waterfront and is equipped with ...	5 beds \| 4 baths \| 4,231 sq.ft.	$825,000	Airbnb cash on cash: N/A Traditional cash on cash: 3.68% Airbnb Rental Income: $null Traditional Rental Income: $4144 Airbnb ROI: N/A Traditional ROI: 3.68%
3964 N Lake Rd 24 E Road Monticello, IN Remodeled lake home on Keen's Creek. 3 bedrooms and 2 baths are just the tip of what this ...	3 beds \| 2 baths \| 1,504 sq.ft.	$299,900	Airbnb cash on cash: 9.42% Traditional cash on cash: 6.68% Airbnb Rental Income: $4052 Traditional Rental Income: $2414 Airbnb ROI: 9.42% Traditional ROI: 6.68%
1865 N Francis Street Monticello, IN Updated 2 bedroom with loft area that could be used as a 3rd bedroom. Covered front porch ...	2 beds \| 1 baths \| 1,050 sq.ft.	$149,900	Airbnb cash on cash: 6.83% Traditional cash on cash: 7.36% Airbnb Rental Income: $1770 Traditional Rental Income: $1362 Airbnb ROI: 6.83% Traditional ROI: 7.36%
1252 S Meadow Drive Monticello, IN SELLER OFFERING UP TO $3500 IN BUYER CLOSING COSTS OR RATE BUY DOWN WITH ACCEPTED OFFER! U...	4 beds \| 1 baths \| 1,352 sq.ft.	$199,000	Airbnb cash on cash: N/A Traditional cash on cash: 7.31% Airbnb Rental Income: $null Traditional Rental Income: $1717 Airbnb ROI: N/A Traditional ROI: 7.31%
7268 Thompson Trail Monticello, IN Welcome to 7268 Thompson Trail! Sitting on just over an acre of land, this property offer...	4 beds \| 3 baths \| 1,802 sq.ft.	$349,000	Airbnb cash on cash: N/A Traditional cash on cash: 5.64% Airbnb Rental Income: $null Traditional Rental Income: $2364 Airbnb ROI: N/A Traditional ROI: 5.64%
212 Condo Street Monticello, IN Nice 2 bed, 1.5 bath ranch home on over 1/2 acre of ground near shopping, restaurants and ...	2 beds \| 2 baths \| 1,388 sq.ft.	$179,900	Airbnb cash on cash: 4.36% Traditional cash on cash: 7.95% Airbnb Rental Income: $1770 Traditional Rental Income: $1900 Airbnb ROI: 4.36% Traditional ROI: 7.95%
215 N Meadow Lane Monticello, IN 4 bedroom home close to Lake Freeman with Remodeled Interior with New Kitchen, New Bathroo...	4 beds \| 1 baths \| 1,368 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 6.08% Airbnb Rental Income: $null Traditional Rental Income: $1728 Airbnb ROI: N/A Traditional ROI: 6.08%
2862 N East Shafer Drive Monticello, IN Rare find for a hobby farm enthusiast. Two largely wooded parcels for a combined 12.3 acre...	3 beds \| 3 baths \| 2,398 sq.ft.	$384,500	Airbnb cash on cash: 6.95% Traditional cash on cash: 5.35% Airbnb Rental Income: $4052 Traditional Rental Income: $2610 Airbnb ROI: 6.95% Traditional ROI: 5.35%
559 S Maple Street Monticello, IN 5 wonderful bedrooms! Most with walk-in closets. 3 are main floor! 3 full baths! All with ...	5 beds \| 3 baths \| 2,000 sq.ft.	$224,900	Airbnb cash on cash: N/A Traditional cash on cash: 10.52% Airbnb Rental Income: $null Traditional Rental Income: $2657 Airbnb ROI: N/A Traditional ROI: 10.52%

Real Estate investment in Monticello, IN

There are 37 properties for sale in the city of Monticello . The median list price in Monticello is $289,000 and the average price per square foot is $162. In November 2024, the average monthly cash on cash return in Monticello is 6.00%. The average monthly rental income in Monticello is $2,243.

Monticello, IN Real Estate Investing: FAQs for Buyers, Sellers and Investors

There are 37 investment properties available for sale in Monticello.

In 2024, the best neighborhood to buy investment property is Monticello.

The ROI for Short-Term is higher than the Long-Term in Monticello with average rental income of $2,911.

Your search for investment property begins and ends here

Investment Property for Sale in Monticello, IN

157 W Norway Road

Monticello, IN

2 beds | 1 baths | 1,159 sq.ft.

$119,900

Airbnb cash on cash: 8.49%

Traditional cash on cash: 9.63%

Airbnb Rental Income: $1770

Traditional Rental Income: $1418

Airbnb ROI: 8.49%

Traditional ROI: 9.63%

5397 E 600 N

Monticello, IN

4 beds | 2 baths | 1,632 sq.ft.

$489,900

Airbnb cash on cash: N/A

Traditional cash on cash: 3.37%

Airbnb Rental Income: $null

Traditional Rental Income: $2385

Airbnb ROI: N/A

Traditional ROI: 3.37%

12204 N US HWY 421

Monticello, IN

4 beds | 2 baths | 2,023 sq.ft.

$626,000

Airbnb cash on cash: N/A

Traditional cash on cash: 2.74%

Airbnb Rental Income: $null

Traditional Rental Income: $2437

Airbnb ROI: N/A

Traditional ROI: 2.74%

5016 E Oriole Drive

Monticello, IN

2 beds | 2 baths | 1,768 sq.ft.

$539,900

Airbnb cash on cash: 0.64%

Traditional cash on cash: 3.21%

Airbnb Rental Income: $1770

Traditional Rental Income: $2581

Airbnb ROI: 0.64%

Traditional ROI: 3.21%

111 Van Tassel Drive

Monticello, IN

3 beds | 2 baths | 1,572 sq.ft.

$359,900

Airbnb cash on cash: 7.52%

Traditional cash on cash: 5.38%

Airbnb Rental Income: $4052

Traditional Rental Income: $2466

Airbnb ROI: 7.52%

Traditional ROI: 5.38%

7522 N 1250 W

Monticello, IN

4 beds | 2 baths | 3,163 sq.ft.

$475,000

Airbnb cash on cash: N/A

Traditional cash on cash: 4.42%

Airbnb Rental Income: $null

Traditional Rental Income: $2646

Airbnb ROI: N/A

Traditional ROI: 4.42%

1998 N State Road 39

Monticello, IN

4 beds | 3 baths | 3,660 sq.ft.

$629,888

Airbnb cash on cash: N/A

Traditional cash on cash: 3.46%

Airbnb Rental Income: $null

Traditional Rental Income: $2946

Airbnb ROI: N/A

Traditional ROI: 3.46%

11921 W Breezy Point Drive

Monticello, IN

2 beds | 2 baths | 1,232 sq.ft.

$199,000

Airbnb cash on cash: 4.86%

Traditional cash on cash: 9.27%

Airbnb Rental Income: $1770

Traditional Rental Income: $2120

Airbnb ROI: 4.86%