130 N 36th StCummingIA50061
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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 Cumming at 130 N 36th St, Cumming, IA, 50061 listed at $771,500 pairs $4,205/mo rent with a $3,776/mo payment. Total monthly income runs $4,205/mo. Return on cash invested measures 15.49% in year one, and rental yield registers 6.54% at a $771,500 basis. Equity gained on principal adds $4,978/yr, and annual property appreciation at 5% supports $213,151 by year five. Five-year ROI tracks 79.8% and total cumulative return in cash totals $202,548. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $4,205/mo property income relative to a $3,776/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2022
0.29 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50061, Cumming, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 1,132 (91.7%) |
| Renter Occupied HU | 52 ( 4.2%) |
| Vacant Housing Units | 51 ( 4.1%) |
| Median Home Value | $489,671 |
| Average Home Value | $552,955 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
35
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Listed by: Chris Kew • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #722292
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.