505 E Monroe StMount AyrIA50854
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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 Mount Ayr at 505 E Monroe St, Mount Ayr, IA, 50854 generates $0/mo in rent, after a $832/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.6% in year one, and rental yield is 0% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1930
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50854, Mount Ayr, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,112 (100%) |
| Owner Occupied HU | 690 (62.1%) |
| Renter Occupied HU | 278 (25.0%) |
| Vacant Housing Units | 144 (12.9%) |
| Median Home Value | $160,539 |
| Average Home Value | $196,409 |
Housing Distribution
Address Breakdown
Residential
1,022
Single Family
964
Multi-Family
58
Businesses
149
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices