10675 Falcon AvenueMononaIA52159
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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
Investment Highlights
Investment property for sale in Monona at 10675 Falcon Avenue, Monona, IA, 52159 uses $65,969 cash to close to unlock $4,099/yr annual cash flow and $342/mo monthly cash flow. Total monthly income runs $1,634/mo, and a $974/mo payment keeps the spread at $342/mo. Purchase price stands at $199,000, and rental yield measures 9.85% with $1,634/mo rent. Return on cash invested shows 26.12% in year one, and 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 136.58% and total cumulative return in cash records $90,102. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,634/mo property income covering a $974/mo payment rather than investor’s personal income.
Single Family
Built in 1889
2.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52159, Monona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 698 (67.1%) |
| Renter Occupied HU | 244 (23.5%) |
| Vacant Housing Units | 98 ( 9.4%) |
| Median Home Value | $154,310 |
| Average Home Value | $252,221 |
Housing Distribution
Address Breakdown
Residential
588
Single Family
547
Multi-Family
41
Businesses
63
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