102 E 3rd StEarlyIA50535
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
Rental property for sale in Early at 102 E 3rd St, Early, IA, 50535 priced at $128,500 converts $1,162/mo rent into $327/mo cash flow after a $629/mo obligation. Total monthly income equals $1,162/mo, and annual cash flow totals $3,929/yr on $42,598 invested. Return on cash invested prints 29.13% in year one, and rental yield reads 10.85% against a $128,500 entry. Equity gained on principal adds $829/yr, while 5% annual appreciation compiles into $35,502 by year five. Five-year ROI reaches 152.77% and total cumulative return in cash sums $65,076. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,162/mo property income covering a $629/mo payment, not borrower’s personal income.
Single Family
Built in 1941
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50535, Early, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 416 (100%) |
| Owner Occupied HU | 281 (67.5%) |
| Renter Occupied HU | 86 (20.7%) |
| Vacant Housing Units | 49 (11.8%) |
| Median Home Value | $141,071 |
| Average Home Value | $214,600 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices