109 W Main StFertileIA50434
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Nearby investment properties with comparable prices
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 Fertile at 109 W Main St, Fertile, IA, 50434 offers $2,005/mo rent that, after a $1,395/mo payment, leaves $154/mo cash flow. Total monthly income is $2,005/mo, and annual cash flow is $1,848/yr on $94,478 cash. Return on cash invested measures 21.87% in year one, and rental yield stands at 8.44% at a $285,000 entry. Equity gained on principal adds $1,839/yr while 5% annual appreciation compounds into $78,740 by year five. Five-year ROI records 113.72% and total cumulative return in cash reaches $107,442. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,005/mo property income versus a $1,395/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1960
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50434, Fertile, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 195 (100%) |
| Owner Occupied HU | 145 (74.4%) |
| Renter Occupied HU | 23 (11.8%) |
| Vacant Housing Units | 27 (13.8%) |
| Median Home Value | $179,688 |
| Average Home Value | $240,879 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
17
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Listed by: Zachary Schultz-Hermanson • Hall Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6322808
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.