








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 6966 S 112th Ave W, Monroe, IA, 50170 listed at $525,000 pairs $2,329/mo rent with a $2,570/mo payment. Total monthly income runs $2,329/mo. Return on cash invested measures 12.55% in year one, and rental yield registers 5.32% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 63.75% and total cumulative return in cash totals $110,109. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,329/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1964
9.47 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 |
|---|---|---|
| 2025-07-11 | Sold | $525,000 |
| 2025-05-02 | Pending sale | $599,000 |
| 2025-04-11 | Price change | $599,000 |
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| 2024-10-18 | $2786.00 | 6.17% | $236,040 | N/A |
| 2023-10-18 | $2624.00 | 7.10% | $236,040 | 29.58% |
| 2022-10-18 | $2450.00 | -0.16% | $182,160 | 6.10% |



Listed by: Gary Johnson • Ellen Fitzpatrick Real Estate
Mls Name: DMMLS
Mls Provider:
Mls ID: #713110
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.