1120 W Lowell AveShenandoahIA51601
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 Shenandoah at 1120 W Lowell Ave, Shenandoah, IA, 51601 uses $33,150 cash to close to unlock $1,524/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $776/mo, and a $489/mo payment keeps the spread at $127/mo. Purchase price stands at $100,000, and rental yield measures 9.31% with $776/mo rent. Return on cash invested shows 24.51% in year one, and 5% annual appreciation builds toward $27,628 over five years. Five-year ROI reaches 127.83% and total cumulative return in cash records $42,376. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $776/mo property income covering a $489/mo payment rather than investor’s personal income.
Single Family
Built in 1902
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Housing Distribution
Address Breakdown
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Julie O'hara • Jim Hughes Real Estate
Mls Name: My State MLS
Mls ID: #11556505