Save Search
Filters Applied
EditEdit Filters
Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
Loading Maps & Overview...
Loading Calculator...
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 3167 Highway F62 W, Monroe, IA, 50170 listed at $269,900 pairs $1,923/mo rent with a $1,321/mo payment to leave $170/mo cash flow. Total monthly income runs $1,923/mo, and annual cash flow reaches $2,042/yr on $89,472 cash to close. Return on cash invested measures 22.19% in year one, and rental yield registers 8.55% at a $269,900 basis. Equity gained on principal adds $1,742/yr, and annual property appreciation at 5% supports $74,568 by year five. Five-year ROI tracks 115.52% and total cumulative return in cash totals $103,362. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,923/mo property income relative to a $1,321/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1910
1.85 Acres 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 |
|---|---|---|
| 2025-04-15 | Listed for sale | $269,900 |
| 2019-09-03 | Sold | $179,000 |
| 2019-07-24 | Pending sale | $189,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-04-17 | $2262.00 | -7.14% | $205,850 | N/A |
| 2023-04-17 | $2436.00 | 9.43% | $205,850 | 20.18% |
| 2022-04-17 | $2226.00 | -1.85% | $171,290 | 8.57% |
Listed by: Ed Siddall • First Choice Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #715663
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.
