108 Main StSanbornIA51248
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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 Sanborn at 108 Main St, Sanborn, IA, 51248 offers $2,820/mo rent that, after a $685/mo payment, leaves $1,911/mo cash flow. Total monthly income is $2,820/mo, and annual cash flow is $22,932/yr on $46,410 cash. Return on cash invested measures 69.32% in year one, and rental yield stands at 24.17% at a $140,000 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,679 by year five. Five-year ROI records 368.22% and total cumulative return in cash reaches $170,890. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,820/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Multi Family
Built in 1951
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Amy Sietstra • Northwest Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #825526
Disclaimer: Information being provided is for consumers' personal, non-commercial use and 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.