1024 Tennyson AveStratfordIA50249
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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 Stratford at 1024 Tennyson Ave, Stratford, IA, 50249 generates $1,105/mo in rent and, after a $783/mo payment, leaves $66/mo in cash flow. Total monthly income is $1,105/mo, and annual cash flow is $794/yr on $53,007 invested. Return on cash invested sits at 21.41% in year one, and rental yield is 8.29% on a $159,900 entry. Equity gained on principal adds $1,032/yr, while 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 111.37% and total cumulative return in cash sums $59,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,105/mo property income rather than buyer’s personal income.
Single Family
Built in 1893
5,662 sqft 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
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