106 E Elliot StInwoodIA51240
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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 Inwood at 106 E Elliot St, Inwood, IA, 51240 priced at $239,000 converts $0/mo rent into after a $1,170/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.6% in year one, and rental yield reads 0% against a $239,000 entry. Equity gained on principal adds $1,542/yr, while 5% annual appreciation compiles into $66,031 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,170/mo payment, not borrower’s personal income.
Single Family
Built in 1925
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51240, Inwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 566 (79.2%) |
| Renter Occupied HU | 94 (13.1%) |
| Vacant Housing Units | 55 ( 7.7%) |
| Median Home Value | $244,000 |
| Average Home Value | $306,811 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
405
Multi-Family
10
Businesses
56
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices