1229 8th StNevadaIA50201
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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 Nevada at 1229 8th St, Nevada, IA, 50201 uses $38,123 cash to close to unlock $1,210/yr annual cash flow and $101/mo monthly cash flow. Total monthly income runs $913/mo, and a $563/mo payment keeps the spread at $101/mo. Purchase price stands at $115,000, and rental yield measures 9.53% with $913/mo rent. Return on cash invested shows 23.08% in year one, and 5% annual appreciation builds toward $31,772 over five years. Five-year ROI reaches 121.02% and total cumulative return in cash records $46,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $913/mo property income covering a $563/mo payment rather than investor’s personal income.
Single Family
Built in 1885
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Parker Pagel • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #66272
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. Data is deemed reliable but not accurate.