10005 100th St #6-7SloanIA51055
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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 Sloan at 10005 100th St #6-7, Sloan, IA, 51055 offers a 4.45% rental yield on a $595,900 purchase with $2,208/mo rent. 78% in year one. Equity gained on principal adds $3,845/yr while 5% annual appreciation supports $164,636 over five years. Portfolio math shows five-year ROI at 48.94% and total cumulative return in cash at $95,948. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,208/mo property income against a $2,917/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
1.04 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51055, Sloan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 431 (72.2%) |
| Renter Occupied HU | 131 (21.9%) |
| Vacant Housing Units | 35 ( 5.9%) |
| Median Home Value | $249,038 |
| Average Home Value | $248,312 |
Housing Distribution
Address Breakdown
Residential
370
Single Family
370
Multi-Family
0
Businesses
40
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Listed by: Jessica Tadlock • Century 21 ProLink
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #826248
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.