1020 Highway 71 S UNIT 2, Okoboji, IA, 51355 | 2.99% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Okoboji at 1020 Highway 71 S UNIT 2, Okoboji, IA, 51355 earns from $1,620/mo rent with a $3,181/mo payment. Total monthly income totals $1,620/mo. ROI tracks 5.46% on current figures, and rental yield reads 2.99% at a $649,900 purchase. Equity gained on principal adds $4,194/yr, and 5% annual appreciation supports $179,555 over five years. Five-year ROI reaches 25.76% and total cumulative return in cash sums $55,086. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.

Condo

Built in 1978

0.60 Acres lot

$N/A/sqft

No HOA