110 Railroad StPlainfieldIA50666
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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 Plainfield at 110 Railroad St, Plainfield, IA, 50666 at $134,900 posts ROI 29.52% with $358/mo cash flow from $1,234/mo rent. Total monthly income equals $1,234/mo, and annual cash flow records $4,298/yr on $44,719 to close. Return on cash invested measures 29.52% and rental yield reads 10.98% at the current $134,900. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 by year five. Five-year ROI prints 154.87% and total cumulative return in cash totals $69,257.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,234/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1875
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50666, Plainfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 452 (100%) |
| Owner Occupied HU | 362 (80.1%) |
| Renter Occupied HU | 46 (10.2%) |
| Vacant Housing Units | 44 ( 9.7%) |
| Median Home Value | $196,324 |
| Average Home Value | $229,841 |
Housing Distribution
Address Breakdown
Residential
329
Single Family
329
Multi-Family
0
Businesses
14
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Listed by: Jennifer Steere • Century 21 Signature Real Estate-Waverly
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255269