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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% |
Investment property for sale in Monroe at 213 W Lincoln St, Monroe, IA, 50170 listed at $249,900 pairs $1,747/mo rent with a $1,223/mo payment to leave $124/mo cash flow. Total monthly income runs $1,747/mo, and annual cash flow reaches $1,490/yr on $82,842 cash to close. Return on cash invested measures 21.71% in year one, and rental yield registers 8.39% at a $249,900 basis. Equity gained on principal adds $1,613/yr, and annual property appreciation at 5% supports $69,043 by year five. Five-year ROI tracks 112.93% and total cumulative return in cash totals $93,554. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,747/mo property income relative to a $1,223/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
8,398 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 |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: Caren Clevenger • Iowa Realty Newton
Mls Name: DMMLS
Mls ID: #728942
