112 N Buchanan StMonroeIA50170
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Monroe at 112 N Buchanan St, Monroe, IA, 50170 offers a 13.08% rental yield on a $143,900 purchase with $1,568/mo rent. Total monthly income registers $1,568/mo, and a $704/mo payment leaves $634/mo available for distribution. Annual cash flow reaches $7,605/yr on $47,703 to close, and return on cash invested stands at 35.85% in year one. Equity gained on principal adds $929/yr while 5% annual appreciation supports $39,757 over five years. Portfolio math shows five-year ROI at 188.74% and total cumulative return in cash at $90,035. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,568/mo property income against a $704/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
7,840 sqft lot
$N/A/sqft
No HOA
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 |
Housing Distribution
Address Breakdown
Residential
738
Single Family
738
Multi-Family
0
Businesses
66
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices