108 E South StOllieIA52576
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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 Ollie at 108 E South St, Ollie, IA, 52576 at $240,000 posts ROI 15.13% with from $1,242/mo rent. Total monthly income equals $1,242/mo. Return on cash invested measures 15.13% and rental yield reads 6.21% at the current $240,000. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 by year five. Five-year ROI prints 77.57% and total cumulative return in cash totals $61,718. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,242/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1895
1.34 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52576, Ollie, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 249 (100%) |
| Owner Occupied HU | 184 (73.9%) |
| Renter Occupied HU | 32 (12.9%) |
| Vacant Housing Units | 33 (13.3%) |
| Median Home Value | $209,091 |
| Average Home Value | $258,995 |
Housing Distribution
Address Breakdown
Residential
193
Single Family
181
Multi-Family
12
Businesses
8
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Listed by: Jake McLaughlin • Iowa Elite Marketing Group
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202406150
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.