1155 Elm Ave, Garner, IA, 50438 | 7.08% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,765/mo, and a $1,463/mo payment. Purchase price stands at $299,000, and rental yield measures 7.08% with $1,765/mo rent. Return on cash invested shows 17.77% in year one, and 5% annual appreciation builds toward $82,608 over five years. Five-year ROI reaches 91.8% and total cumulative return in cash records $90,994. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,765/mo property income covering a $1,463/mo payment rather than investor’s personal income.

Single Family

Built in 1960

9,900 sqft lot

$N/A/sqft

No HOA