114 9th Ave SELe MarsIA51031
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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 Le Mars at 114 9th Ave SE, Le Mars, IA, 51031 earns $392/mo cash flow from $1,951/mo rent with a $1,175/mo payment. Total monthly income totals $1,951/mo, and annual cash flow totals $4,704/yr on $79,560 capital. ROI tracks 25.82% on current figures, and rental yield reads 9.75% at a $240,000 purchase. Equity gained on principal adds $1,549/yr, and 5% annual appreciation supports $66,308 over five years. Five-year ROI reaches 134.94% and total cumulative return in cash sums $107,354. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,951/mo property income instead of your personal income.
Single Family
Built in 1957
7,405 sqft lot
$N/A/sqft
No HOA
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Listed by: Aspen Coffee • Century 21 ProLink - Le Mars
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829977
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.