107 W Market StLaurelIA50141
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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 Laurel at 107 W Market St, Laurel, IA, 50141 offers a 12.55% rental yield on a $120,000 purchase with $1,255/mo rent. Total monthly income registers $1,255/mo, and a $587/mo payment leaves $476/mo available for distribution. Annual cash flow reaches $5,712/yr on $39,780 to close, and return on cash invested stands at 34.27% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 180.2% and total cumulative return in cash at $71,683. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,255/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50141, Laurel, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 233 (100%) |
| Owner Occupied HU | 185 (79.4%) |
| Renter Occupied HU | 28 (12.0%) |
| Vacant Housing Units | 20 ( 8.6%) |
| Median Home Value | $180,469 |
| Average Home Value | $255,324 |
Housing Distribution
Address Breakdown
Residential
124
Single Family
124
Multi-Family
0
Businesses
14
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Listed by: Roshni Ryan • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #723849
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.