611 N Cedar StMonticelloIA52310
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 611 N Cedar St, Monticello, IA, 52310 generates $1,450/mo in rent and, after a $881/mo payment, leaves $281/mo in cash flow. Total monthly income is $1,450/mo, and annual cash flow is $3,374/yr on $59,637 invested. Return on cash invested sits at 25.57% in year one, and rental yield is 9.67% on a $179,900 entry. Equity gained on principal adds $1,161/yr, while 5% annual appreciation builds toward $49,703 over five years. Five-year ROI reaches 133.66% and total cumulative return in cash sums $79,713. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,450/mo property income rather than buyer’s personal income.
Single Family
Built in 1870
0.47 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Anna Mack-Smith • Pearl City Iowa Realty
Mls Name: Muscatine BOR
Mls ID: #25-476