112-112 1/2 E Main StShell RockIA50670
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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 Shell Rock at 112-112 1/2 E Main St, Shell Rock, IA, 50670 earns from $0/mo rent with a $656/mo payment. Total monthly income totals $0/mo. ROI tracks -3.6% on current figures, and rental yield reads 0% at a $134,000 purchase. Equity gained on principal adds $865/yr, and 5% annual appreciation supports $37,022 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Multi Family
Built in 1890
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50670, Shell Rock, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 887 (100%) |
| Owner Occupied HU | 676 (76.2%) |
| Renter Occupied HU | 136 (15.3%) |
| Vacant Housing Units | 75 ( 8.5%) |
| Median Home Value | $188,462 |
| Average Home Value | $225,226 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
568
Multi-Family
51
Businesses
44
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Listed by: Jolene M Sullivan • Century 21 Signature Real Estate-Waverly
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20260147