101 N Virginia St, Monroe, IA, 50170 | Equity Gain $1,742/yr

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101 N Virginia St, Monroe, IA, 50170 | Equity Gain $1,742/yr | Ziffy

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Ziffy Mortgage

NMLS #2625701

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Ziffy AI Summary

A quick, investor-focused snapshot highlighting income strength, yield potential.

Key metrics	Value
Price	$399,900
Est. Rent	$3,200/mo
ROI	18%

Attractive rent-to-price ratio for income stability
Good fit for DSCR financing with healthy coverage

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Investment Highlights

Investment property for sale in Monroe at 101 N Virginia St, Monroe, IA, 50170 offers a 0% rental yield on a $270,000 purchase with $0/mo rent. 61% in year one. Equity gained on principal adds $1,742/yr while 5% annual appreciation supports $74,596 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,322/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1900

4,791 sqft lot

$N/A/sqft

No HOA

More details about the property

Welcome to 101 N Virginia Street, a stunning 2,647-square-foot home in the heart of Monroe, Iowa. This spacious 4-bedroom, 2-bathroom residence perfectly blends modern updates with timeless craftsmanship, offering the ideal combination of comfort, style, and functionality. Step inside to a bright, open-concept kitchen that serves as the heart of the home. Crisp white cabinetry, sleek countertops, and stainless-steel appliances pair beautifully with the elegant marble-look backsplash and modern lighting. Flowing seamlessly from the kitchen is the warm and welcoming living room, with an atmosphere of comfort and style. Custom wood built-ins frame the fireplace, offering both character and functionality, while large windows fill the space with natural light. The homes four spacious bedrooms provide flexibility for family, guests, or home office space, and both bathrooms have been tastefully updated with modern fixtures and finishes. The basement features a dedicated weight room with equipment included with the home purchase, making it easy to maintain a healthy lifestyle without leaving home. Make an appointment to see this one for yourself! All information obtained from seller and public records.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50170, Monroe, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,218 (100%)
Owner Occupied HU	954 (78.3%)
Renter Occupied HU	204 (16.7%)
Vacant Housing Units	60 ( 4.9%)
Median Home Value	$234,234
Average Home Value	$274,903