1103 Nevada StNevadaIA50201
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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 Nevada at 1103 Nevada St, Nevada, IA, 50201 priced at $476,000 converts $2,848/mo rent into after a $2,330/mo obligation. Total monthly income equals $2,848/mo. Return on cash invested prints 17.98% in year one, and rental yield reads 7.18% against a $476,000 entry. Equity gained on principal adds $3,072/yr, while 5% annual appreciation compiles into $131,510 by year five. Five-year ROI reaches 92.91% and total cumulative return in cash sums $146,601. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,848/mo property income covering a $2,330/mo payment, not borrower’s personal income.
Single Family
Built in 2024
0.32 Acres lot
$N/A/sqft
$125 yearly HOA
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Nearby investment properties with comparable prices
Listed by: Marc Olson Team • RE/MAX Concepts-Nevada
Mls Name: CIBR
Mls Provider:
Mls ID: #66309
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. Data is deemed reliable but not accurate.