118 Oak StMiloIA50166
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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
Rental property for sale in Milo at 118 Oak St, Milo, IA, 50166 offers $0/mo rent that, after a $1,566/mo payment. Total monthly income is $0/mo. Return on cash invested measures -3.6% in year one, and rental yield stands at 0% at a $320,000 entry. Equity gained on principal adds $2,065/yr while 5% annual appreciation compounds into $88,410 by year five. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $0/mo property income versus a $1,566/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
0.49 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50166, Milo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 545 (80.6%) |
| Renter Occupied HU | 87 (12.9%) |
| Vacant Housing Units | 44 ( 6.5%) |
| Median Home Value | $250,301 |
| Average Home Value | $313,725 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
574
Multi-Family
0
Businesses
25
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices