111 Main StPaloIA52324
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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 Palo at 111 Main St, Palo, IA, 52324 offers $1,567/mo rent that, after a $973/mo payment, leaves $265/mo cash flow. Total monthly income is $1,567/mo, and annual cash flow is $3,180/yr on $65,902 cash. Return on cash invested measures 24.73% in year one, and rental yield stands at 9.46% at a $198,800 entry. Equity gained on principal adds $1,283/yr while 5% annual appreciation compounds into $54,925 by year five. Five-year ROI records 129.18% and total cumulative return in cash reaches $85,131. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,567/mo property income versus a $973/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
8,407 sqft lot
$N/A/sqft
No HOA
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Listed by: Ron Pollard • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2500175
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.