101 S Garfield StMount AyrIA50854
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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
Rental property for sale in Mount Ayr at 101 S Garfield St, Mount Ayr, IA, 50854 priced at $100,000 pairs $792/mo rent with $143/mo cash flow after a $489/mo payment. Total monthly income equals $792/mo, and annual cash flow comes to $1,716/yr on $33,150 invested. Return on cash invested is 25.09% in year one, and rental yield stands at 9.5% on a $100,000 basis. Equity gained on principal adds $645/yr, and 5% annual appreciation accumulates to $27,628 by year five. Five-year ROI measures 130.98% and total cumulative return in cash reaches $43,420. For financing, Ziffy Mortgage’s DSCR program evaluates $792/mo property income against a $489/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50854, Mount Ayr, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,112 (100%) |
| Owner Occupied HU | 690 (62.1%) |
| Renter Occupied HU | 278 (25.0%) |
| Vacant Housing Units | 144 (12.9%) |
| Median Home Value | $160,539 |
| Average Home Value | $196,409 |
Housing Distribution
Address Breakdown
Residential
1,022
Single Family
964
Multi-Family
58
Businesses
149
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