106 E Market StSteamboat RockIA50672
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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 Steamboat Rock at 106 E Market St, Steamboat Rock, IA, 50672 priced at $107,000 pairs $1,184/mo rent with $455/mo cash flow after a $524/mo payment. Total monthly income equals $1,184/mo, and annual cash flow comes to $5,462/yr on $35,471 invested. Return on cash invested is 35.31% in year one, and rental yield stands at 13.28% on a $107,000 basis. Equity gained on principal adds $690/yr, and 5% annual appreciation accumulates to $29,562 by year five. Five-year ROI measures 186.36% and total cumulative return in cash reaches $66,102. For financing, Ziffy Mortgage’s DSCR program evaluates $1,184/mo property income against a $524/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1951
0.34 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Emily Ferris • Ferris Real Estate
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6331193
Disclaimer: Based on information submitted to the MLS GRID as of 2025-10-23 21:12:29 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. [Click here for more information](/mls-disclaimers/#7734)