211 N Filmore 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
Investment property for sale in Monroe at 211 N Filmore St, Monroe, IA, 50170 uses $48,068 cash to close to unlock $2,184/yr annual cash flow and $182/mo monthly cash flow. Total monthly income runs $1,124/mo, and a $710/mo payment keeps the spread at $182/mo. Purchase price stands at $145,000, and rental yield measures 9.3% with $1,124/mo rent. Return on cash invested shows 24.45% in year one, and 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 127.59% and total cumulative return in cash records $61,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,124/mo property income covering a $710/mo payment rather than investor’s personal income.
Single Family
Built in 1920
8,712 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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