10224 130th St LOT 8SloanIA51055
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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 Sloan at 10224 130th St LOT 8, Sloan, IA, 51055 listed at $616,000 pairs $3,217/mo rent with a $3,015/mo payment. Total monthly income runs $3,217/mo. Return on cash invested measures 15.12% in year one, and rental yield registers 6.27% at a $616,000 basis. Equity gained on principal adds $3,975/yr, and annual property appreciation at 5% supports $170,189 by year five. Five-year ROI tracks 77.68% and total cumulative return in cash totals $157,423. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,217/mo property income relative to a $3,015/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2001
2.18 Acres lot
$N/A/sqft
$600 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51055, Sloan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 431 (72.2%) |
| Renter Occupied HU | 131 (21.9%) |
| Vacant Housing Units | 35 ( 5.9%) |
| Median Home Value | $249,038 |
| Average Home Value | $248,312 |
Housing Distribution
Address Breakdown
Residential
370
Single Family
370
Multi-Family
0
Businesses
40
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Listed by: Tammy Doyel • Keller Williams Siouxland
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #825008
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. Listing information is deemed reliable, but not guaranteed.