1007 W Boston AveIndianolaIA50125
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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 Indianola at 1007 W Boston Ave, Indianola, IA, 50125 with 5% annual appreciation on a $259,900 basis while $1,970/mo rent supports operations. Total monthly income totals $1,970/mo and a $1,272/mo payment preserves $282/mo for cash returns. Annual cash flow comes to $3,386/yr on $86,157 deployed, and return on cash invested reaches 23.84% in year one. Equity gained on principal adds $1,677/yr, and five-year appreciation sums $71,806 alongside rental yield of 9.1%. Five-year ROI measures 124.36% and total cumulative return in cash totals $107,146.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,970/mo property income versus a $1,272/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
9,426 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50125, Indianola, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 6,204 (69.4%) |
| Renter Occupied HU | 2,072 (23.2%) |
| Vacant Housing Units | 665 ( 7.4%) |
| Median Home Value | $256,652 |
| Average Home Value | $303,097 |
Housing Distribution
Address Breakdown
Residential
8,498
Single Family
7,374
Multi-Family
1,124
Businesses
578
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Listed by: KIM TIERNEY KELLER • Iowa Realty Indianola
Mls Name: DMMLS
Mls Provider:
Mls ID: #710147
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.