22600 River RdMonticelloIA52310
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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 Monticello at 22600 River Rd, Monticello, IA, 52310 generates $2,176/mo in rent and, after a $1,444/mo payment, leaves $260/mo in cash flow. Total monthly income is $2,176/mo, and annual cash flow is $3,120/yr on $97,793 invested. Return on cash invested sits at 23.1% in year one, and rental yield is 8.85% on a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation builds toward $81,503 over five years. Five-year ROI reaches 120.34% and total cumulative return in cash sums $117,686. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,176/mo property income rather than buyer’s personal income.
Single Family
Built in 1996
4.58 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52310, Monticello, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,901 (100%) |
| Owner Occupied HU | 2,047 (70.6%) |
| Renter Occupied HU | 621 (21.4%) |
| Vacant Housing Units | 233 ( 8.0%) |
| Median Home Value | $197,579 |
| Average Home Value | $240,809 |
Housing Distribution
Address Breakdown
Residential
2,617
Single Family
2,464
Multi-Family
153
Businesses
229
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Listed by: Kerrie Merck • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2507387