Is Monrovia, IN a good place to invest in rental property?

Monrovia, IN has a median modeled monthly cash flow of $-518 and a median cap rate of 4.2%, on a median sold price of $314,000. Prices changed -2.6% year over year.

What is the average cap rate in Monrovia, IN?

The median cap rate across recently sold homes in Monrovia, IN is 4.2%, based on CashFlowRE's rent and expense modeling.

What is the median home price in Monrovia, IN?

The median sold price in Monrovia, IN is $314,000 (about $151 per square foot).

Investing in Monrovia, IN Real Estate

A data-driven snapshot of the Monrovia, IN rental-property market, built from recently sold homes and CashFlowRE's per-listing investment modeling — median price, cap rate, monthly cash flow, appreciation and inventory — so you can judge the market before you ever open a listing.

$314,000Median sold price

$151Median $/sqft

4.2%Median cap rate

$-518Modeled cash flow / mo

-2.6%Appreciation YoY

11.1Months of supply

82Active listings

89Sold (last 12 mo)

What the Monrovia numbers say

In Monrovia, IN, the median home sold for $314,000 (about $151 per square foot), and the typical deal models out to a 4.2% cap rate with a median $-518 of monthly cash flow. Sold prices moved -2.6% over the past year. Inventory sits at about 11.1 months of supply — a looser, buyer-friendly market. These are medians across recorded sales; individual properties vary widely, which is exactly what CashFlowRE scores listing by listing.

🔨 See 3 fix-and-flip deals in Monrovia — listings where the estimated after-repair value beats list price + rehab.

Other Indiana markets to compare

See Monrovia cash-flowing listings

CashFlowRE ranks every for-sale home in Monrovia, IN by cap rate, cash-on-cash return, DSCR and monthly cash flow — so the best rental deals rise to the top. Create a free account to screen Monrovia deals, or browse the national market data.