1118 Adams AveStratfordIA50249
Nearby investment properties with comparable rents
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
Investment property for sale in Stratford at 1118 Adams Ave, Stratford, IA, 50249 uses $33,150 cash to close to unlock $1,680/yr annual cash flow and $140/mo monthly cash flow. Total monthly income runs $789/mo, and a $489/mo payment keeps the spread at $140/mo. Purchase price stands at $100,000, and rental yield measures 9.47% with $789/mo rent. Return on cash invested shows 24.98% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 130.4% and total cumulative return in cash records $43,228. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $789/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1949
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50249, Stratford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 583 (100%) |
| Owner Occupied HU | 402 (69.0%) |
| Renter Occupied HU | 111 (19.0%) |
| Vacant Housing Units | 70 (12.0%) |
| Median Home Value | $150,806 |
| Average Home Value | $193,514 |
Housing Distribution
Address Breakdown
Residential
325
Single Family
304
Multi-Family
21
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices