105 Station StShelbyIA51570
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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 Shelby at 105 Station St, Shelby, IA, 51570 at $127,000 posts ROI 24.29% with $154/mo cash flow from $979/mo rent. Total monthly income equals $979/mo, and annual cash flow records $1,846/yr on $42,101 to close. Return on cash invested measures 24.29% and rental yield reads 9.25% at the current $127,000. Equity gained on principal adds $820/yr, and 5% annual appreciation supports $35,088 by year five. Five-year ROI prints 126.75% and total cumulative return in cash totals $53,361.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $979/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1920
10,500 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51570, Shelby, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 320 (64.3%) |
| Renter Occupied HU | 125 (25.1%) |
| Vacant Housing Units | 53 (10.6%) |
| Median Home Value | $209,000 |
| Average Home Value | $233,156 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
23
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