1309 4th StEldoraIA50627
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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 Eldora at 1309 4th St, Eldora, IA, 50627 uses $56,355 cash to close to unlock $2,292/yr annual cash flow and $191/mo monthly cash flow. Total monthly income runs $1,295/mo, and a $832/mo payment keeps the spread at $191/mo. Purchase price stands at $170,000, and rental yield measures 9.14% with $1,295/mo rent. Return on cash invested shows 23.98% in year one, and 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 125.03% and total cumulative return in cash records $70,461. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,295/mo property income covering a $832/mo payment rather than investor’s personal income.
Single Family
Built in 1961
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50627, Eldora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,579 (100%) |
| Owner Occupied HU | 997 (63.1%) |
| Renter Occupied HU | 372 (23.6%) |
| Vacant Housing Units | 210 (13.3%) |
| Median Home Value | $147,877 |
| Average Home Value | $198,348 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,352
Multi-Family
64
Businesses
143
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