208 W Washington StMonroeIA50170
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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
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
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
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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.