1003 Edgington AveEldoraIA50627
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
Total monthly income runs $600/mo, and a $636/mo payment. Purchase price stands at $129,900, and rental yield measures 5.54% with $600/mo rent. Return on cash invested shows 13.11% in year one, and 5% annual appreciation builds toward $35,889 over five years. Five-year ROI reaches 66.93% and total cumulative return in cash records $28,819. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $600/mo property income covering a $636/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50627, Eldora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,579 (100%) |
| Owner Occupied HU | 997 (63.1%) |
| Renter Occupied HU | 372 (23.6%) |
| Vacant Housing Units | 210 (13.3%) |
| Median Home Value | $147,877 |
| Average Home Value | $198,348 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,352
Multi-Family
64
Businesses
143
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices