1236 7th 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
Rental property for sale in Nevada at 1236 7th St, Nevada, IA, 50201 generates $900/mo in rent, after a $1,040/mo payment. Total monthly income is $900/mo. Return on cash invested sits at 11.73% in year one, and rental yield is 5.08% on a $212,500 entry. Equity gained on principal adds $1,371/yr, while 5% annual appreciation builds toward $58,710 over five years. Five-year ROI reaches 59.38% and total cumulative return in cash sums $41,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $900/mo property income rather than buyer’s personal income.
Single Family
Built in 1904
0.32 Acres lot
$N/A/sqft
No HOA
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Listed by: Marc Olson • RE/MAX Concepts
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6318515
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