103 N 1st StFertileIA50434
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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 Fertile at 103 N 1st St, Fertile, IA, 50434 generates $1,619/mo in rent and, after a $724/mo payment, leaves $658/mo in cash flow. Total monthly income is $1,619/mo, and annual cash flow is $7,900/yr on $49,029 invested. Return on cash invested sits at 36.02% in year one, and rental yield is 13.14% on a $147,900 entry. Equity gained on principal adds $954/yr, while 5% annual appreciation builds toward $40,862 over five years. Five-year ROI reaches 189.72% and total cumulative return in cash sums $93,019. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,619/mo property income rather than buyer’s personal income.
Single Family
Built in 1880
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50434, Fertile, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 145 (74.4%) |
| Renter Occupied HU | 23 (11.8%) |
| Vacant Housing Units | 27 (13.8%) |
| Median Home Value | $179,688 |
| Average Home Value | $240,879 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
17
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Listed by: Troy Hanson • Exit Realty Mason City
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #240341
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.