12586 E 88th St SReasnorIA50232
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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 Reasnor at 12586 E 88th St S, Reasnor, IA, 50232 listed at $395,000 pairs $2,453/mo rent with a $1,933/mo payment. Total monthly income runs $2,453/mo. Return on cash invested measures 18.88% in year one, and rental yield registers 7.45% at a $395,000 basis. Equity gained on principal adds $2,549/yr, and annual property appreciation at 5% supports $109,131 by year five. Five-year ROI tracks 97.73% and total cumulative return in cash totals $127,974. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,453/mo property income relative to a $1,933/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1913
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50232, Reasnor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 204 (100%) |
| Owner Occupied HU | 162 (79.4%) |
| Renter Occupied HU | 28 (13.7%) |
| Vacant Housing Units | 14 ( 6.9%) |
| Median Home Value | $286,667 |
| Average Home Value | $328,873 |
Housing Distribution
Address Breakdown
Residential
168
Single Family
168
Multi-Family
0
Businesses
9
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Listed by: Jill Veenstra • Home Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #713928
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.