1012 K AveMilfordIA51351
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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 Milford at 1012 K Ave, Milford, IA, 51351 uses $38,123 cash to close to unlock $20,928/yr annual cash flow and $1,744/mo monthly cash flow. Total monthly income runs $2,491/mo, and a $563/mo payment keeps the spread at $1,744/mo. Purchase price stands at $115,000, and rental yield measures 25.99% with $2,491/mo rent. Return on cash invested shows 74.81% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 397.58% and total cumulative return in cash records $151,569. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,491/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Jimy Mac Lenz • Hinn Real Estate
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250579
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