11950 W 8th St S, Monroe, IA, 50170 | Equity Gain $1,677/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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11950 W 8th St S, Monroe, IA, 50170 | Equity Gain $1,677/yr | Ziffy

For Sale

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 11950 W 8th St S, Monroe, IA, 50170 earns from $0/mo rent with a $1,272/mo payment. Total monthly income totals $0/mo. ROI tracks -3.6% on current figures, and rental yield reads 0% at a $259,900 purchase. Equity gained on principal adds $1,677/yr, and 5% annual appreciation supports $71,806 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.

Manufactured

Built in 1992

2.75 Acres lot

$N/A/sqft

No HOA

More details about the property

Dream Starter Acreage, East of Monroe. Imagine waking up to beautiful sunrises, spending your days tending to your hobby farm, and enjoying peaceful evenings on your front deck or by the fire pit. This property offers the perfect blend of serenity and convenience. Located between Pella and Monroe, just .5 miles off a paved road, you're enjoy the peace and quiet of rural living without sacrificing convenience. Featuring 3 bedrooms, 2 bathrooms, enjoy one level living with a large open floor plan. Situated on 2.75 acres includes an oversized 48X30 foot shop with concrete floor, perfect for hobbies or projects. Find additional outbuildings for hobby farm or storage. Don't miss out on the opportunity to find your new property today, and schedule a showing. *Stays: Kitchen Appliances, Dog Kennel in Pine Trees, Bench, Fire Pit, Lights in Shop, Work Bench.

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