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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Monroe at 208 W Washington St, Monroe, IA, 50170 priced at $167,000 converts $1,612/mo rent into $528/mo cash flow after a $817/mo obligation. Total monthly income equals $1,612/mo, and annual cash flow totals $6,334/yr on $55,361 invested. Return on cash invested prints 31.35% in year one, and rental yield reads 11.58% against a $167,000 entry. Equity gained on principal adds $1,078/yr, while 5% annual appreciation compiles into $46,139 by year five. Five-year ROI reaches 164.59% and total cumulative return in cash sums $91,119. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,612/mo property income covering a $817/mo payment, not borrower’s personal income.
Single Family
Built in 1910
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood data shown for ZIP Code: 50170, Monroe, IA area.
| 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 |
Residential
738
Single Family
738
Multi-Family
0
Businesses
66
Date | Event | Price |
|---|---|---|
| 2025-06-20 | Sold | $167,000 |
| 2025-04-21 | Pending sale | $167,000 |
| 2025-04-03 | Listed for sale | $167,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $2416.00 | 10.42% | $150,240 | N/A |
| 2023-10-18 | $2188.00 | 10.17% | $150,240 | 30.26% |
| 2022-10-18 | $1986.00 | 1.12% | $115,340 | 10.34% |
Listed by: Dianna Elder • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #703270
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.
