1018 Byron StStratfordIA50249
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
Investment property for sale in Stratford at 1018 Byron St, Stratford, IA, 50249 earns $100/mo cash flow from $1,756/mo rent with a $1,224/mo payment. Total monthly income totals $1,756/mo, and annual cash flow totals $1,204/yr on $82,875 capital. ROI tracks 21.36% on current figures, and rental yield reads 8.43% at a $250,000 purchase. Equity gained on principal adds $1,613/yr, and 5% annual appreciation supports $69,070 over five years. Five-year ROI reaches 111.23% and total cumulative return in cash sums $92,182. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,756/mo property income instead of your personal income.
Single Family
Built in 2006
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50249, Stratford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 402 (69.0%) |
| Renter Occupied HU | 111 (19.0%) |
| Vacant Housing Units | 70 (12.0%) |
| Median Home Value | $150,806 |
| Average Home Value | $193,514 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
304
Multi-Family
21
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mark Greenfield • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #66757
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. Data is deemed reliable but not accurate.