1119 Main StMediapolisIA52637
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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 Mediapolis at 1119 Main St, Mediapolis, IA, 52637 offers a 1.88% rental yield on a $299,000 purchase with $468/mo rent. 07% in year one. Equity gained on principal adds $1,929/yr while 5% annual appreciation supports $82,608 over five years. Portfolio math shows five-year ROI at 7.59% and total cumulative return in cash at $7,522. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $468/mo property income against a $1,463/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1890
0.26 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Leiah Prall • Century 21/Property Profession
Mls Name: NoCoast MLS
Mls ID: #6330535