104 Cedar AveCharter OakIA51439
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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 Charter Oak at 104 Cedar Ave, Charter Oak, IA, 51439 priced at $135,000 converts $0/mo rent into after a $661/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.61% in year one, and rental yield reads 0% against a $135,000 entry. Equity gained on principal adds $871/yr, while 5% annual appreciation compiles into $37,298 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $661/mo payment, not borrower’s personal income.
Single Family
Built in 1886
6,969 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Dave Wiges • McCord Insurance & Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328032
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