208 W Washington StMonroeIA50170
INVESTMENT ANALYSIS
Investment Verdict
Strong Cash FlowThe yield at 208 W Washington St, Monroe, IA, 50170 in Monroe speaks for itself: 11.58% gross on a $167,000 price, generating $1,612/mo in rent and $527/mo in net income after the $751/mo debt service. DSCR 2.15, a wide margin that supports Ziffy Mortgage's DSCR loan without any personal income check. Annual cash flow of $6,324 stacks alongside $46,139 in projected five-year appreciation and $1,538/yr in principal reduction. Projected total cumulative return: $97,486.
| This Property | National Avg | |
|---|---|---|
| Gross Rental Yield | 11.6% | 6.2% |
| Monthly Cash Flow | $527 | $180 |
National averages based on 2024–2025 U.S. residential rental market data. Content is user-generated and unverified.
DSCR Loan Qualification
| Monthly Rental Income | $1,612 |
| Total Monthly Debt Service | $1,018 |
| DSCR Ratio | 1.58x |
Ziffy Mortgage: Your DSCR most likely meets our 1.0+ requirement, so you'll most probably qualify for our standard DSCR investment loan program. To pre-qualify, book time with your loan officer →
Estimates assume 6.0% rate / 30-yr fixed, 30% down, 1% tax, 0.5% insurance. Not a commitment to lend.
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
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
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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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.