1239 2nd Ave SW, Le Mars, IA, 51031 | $451/mo Cash Flow

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

Investment property for sale in Le Mars at 1239 2nd Ave SW, Le Mars, IA, 51031 uses $103,428 cash to close to unlock $5,410/yr annual cash flow and $451/mo monthly cash flow. Total monthly income runs $2,477/mo, and a $1,527/mo payment keeps the spread at $451/mo. Purchase price stands at $312,000, and rental yield measures 9.53% with $2,477/mo rent. Return on cash invested shows 25.14% in year one, and 5% annual appreciation builds toward $86,200 over five years. Five-year ROI reaches 131.28% and total cumulative return in cash records $135,779. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,477/mo property income covering a $1,527/mo payment rather than investor’s personal income.

Single Family

Built in 1991

7,840 sqft lot

$N/A/sqft

No HOA