1001 Sherman StBoydenIA51234
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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 Boyden at 1001 Sherman St, Boyden, IA, 51234 earns $223/mo cash flow from $2,009/mo rent with a $1,346/mo payment. Total monthly income totals $2,009/mo, and annual cash flow totals $2,676/yr on $91,163 capital. ROI tracks 22.84% on current figures, and rental yield reads 8.77% at a $275,000 purchase. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 over five years. Five-year ROI reaches 118.96% and total cumulative return in cash sums $108,443. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,009/mo property income instead of your personal income.
Single Family
Built in 1968
1.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51234, Boyden, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 491 (100%) |
| Owner Occupied HU | 389 (79.2%) |
| Renter Occupied HU | 67 (13.6%) |
| Vacant Housing Units | 35 ( 7.1%) |
| Median Home Value | $228,425 |
| Average Home Value | $317,506 |
Housing Distribution
Address Breakdown
Residential
337
Single Family
337
Multi-Family
0
Businesses
40
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Listed by: Jennifer D Jansen • Epic Realty Inc.
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828572
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.