509 E Iowa StMononaIA52159
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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
Investment property for sale in Monona at 509 E Iowa St, Monona, IA, 52159 earns $152/mo cash flow from $1,029/mo rent with a $661/mo payment. Total monthly income totals $1,029/mo, and annual cash flow totals $1,824/yr on $44,753 capital. ROI tracks 23.98% on current figures, and rental yield reads 9.15% at a $135,000 purchase. Equity gained on principal adds $871/yr, and 5% annual appreciation supports $37,298 over five years. Five-year ROI reaches 125.09% and total cumulative return in cash sums $55,981. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,029/mo property income instead of your personal income.
Single Family
Built in 1912
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52159, Monona, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,040 (100%) |
| Owner Occupied HU | 698 (67.1%) |
| Renter Occupied HU | 244 (23.5%) |
| Vacant Housing Units | 98 ( 9.4%) |
| Median Home Value | $154,310 |
| Average Home Value | $252,221 |
Housing Distribution
Address Breakdown
Residential
588
Single Family
547
Multi-Family
41
Businesses
63
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