104 E Boston AveIndianolaIA50125
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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 Indianola at 104 E Boston Ave, Indianola, IA, 50125 priced at $205,000 pairs $2,360/mo rent with $1,029/mo cash flow after a $1,003/mo payment. Total monthly income equals $2,360/mo, and annual cash flow comes to $12,348/yr on $67,958 invested. Return on cash invested is 38.08% in year one, and rental yield stands at 13.81% on a $205,000 basis. Equity gained on principal adds $1,323/yr, and 5% annual appreciation accumulates to $56,638 by year five. Five-year ROI measures 200.67% and total cumulative return in cash reaches $136,374. For financing, Ziffy Mortgage’s DSCR program evaluates $2,360/mo property income against a $1,003/mo payment instead of your W2s, 1099s, or Tax returns.
Multi Family
Built in 1900
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50125, Indianola, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 6,204 (69.4%) |
| Renter Occupied HU | 2,072 (23.2%) |
| Vacant Housing Units | 665 ( 7.4%) |
| Median Home Value | $256,652 |
| Average Home Value | $303,097 |
Housing Distribution
Address Breakdown
Residential
8,498
Single Family
7,374
Multi-Family
1,124
Businesses
578
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