102 Oak DrPaloIA52324
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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 Palo at 102 Oak Dr, Palo, IA, 52324 generates $1,513/mo in rent and, after a $979/mo payment, leaves $64/mo in cash flow. Total monthly income is $1,513/mo, and annual cash flow is $768/yr on $66,297 invested. Return on cash invested sits at 21.07% in year one, and rental yield is 9.08% on a $199,990 entry. Equity gained on principal adds $1,291/yr, while 5% annual appreciation builds toward $55,254 over five years. Five-year ROI reaches 110.51% and total cumulative return in cash sums $73,265. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,513/mo property income rather than buyer’s personal income.
Condo
Built in 2023
7,405 sqft lot
$N/A/sqft
$150 monthly HOA
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Listed by: Kathryn Greer • DRH Realty Of Iowa, LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2301433
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.