124 Glen AveLoganIA51546
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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 Logan at 124 Glen Ave, Logan, IA, 51546 generates $2,026/mo in rent and, after a $1,199/mo payment, leaves $435/mo in cash flow. Total monthly income is $2,026/mo, and annual cash flow is $5,220/yr on $81,218 invested. Return on cash invested sits at 26.34% in year one, and rental yield is 9.92% on a $245,000 entry. Equity gained on principal adds $1,581/yr, while 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 137.69% and total cumulative return in cash sums $111,828. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,026/mo property income rather than buyer’s personal income.
Single Family
Built in 2020
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51546, Logan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 881 (70.9%) |
| Renter Occupied HU | 247 (19.9%) |
| Vacant Housing Units | 114 ( 9.2%) |
| Median Home Value | $212,421 |
| Average Home Value | $255,352 |
Housing Distribution
Address Breakdown
Residential
1,148
Single Family
1,129
Multi-Family
19
Businesses
96
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