5020 Quail AveMonroeIA50170
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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 Monroe at 5020 Quail Ave, Monroe, IA, 50170 offers $1,958/mo rent that, after a $1,884/mo payment. Total monthly income is $1,958/mo. Return on cash invested measures 14.81% in year one, and rental yield stands at 6.1% at a $385,000 entry. Equity gained on principal adds $2,484/yr while 5% annual appreciation compounds into $106,368 by year five. Five-year ROI records 75.9% and total cumulative return in cash reaches $96,874. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,958/mo property income versus a $1,884/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
1.76 Acres 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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