1306 University StPellaIA50219
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Nearby investment properties with comparable prices
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 Pella at 1306 University St, Pella, IA, 50219 listed at $372,000 pairs $2,485/mo rent with a $1,821/mo payment to leave $69/mo cash flow. Total monthly income runs $2,485/mo, and annual cash flow reaches $826/yr on $123,318 cash to close. Return on cash invested measures 20.58% in year one, and rental yield registers 8.02% at a $372,000 basis. Equity gained on principal adds $2,400/yr, and annual property appreciation at 5% supports $102,777 by year five. Five-year ROI tracks 106.83% and total cumulative return in cash totals $131,745. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,485/mo property income relative to a $1,821/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1993
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
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