1311 Durant StHarlanIA51537
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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 Harlan at 1311 Durant St, Harlan, IA, 51537 generates $1,566/mo in rent and, after a $1,023/mo payment, leaves $204/mo in cash flow. Total monthly income is $1,566/mo, and annual cash flow is $2,443/yr on $69,284 invested. Return on cash invested sits at 23.43% in year one, and rental yield is 8.99% on a $209,000 entry. Equity gained on principal adds $1,349/yr, while 5% annual appreciation builds toward $57,743 over five years. Five-year ROI reaches 122.21% and total cumulative return in cash sums $84,674. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,566/mo property income rather than buyer’s personal income.
Single Family
Built in 1950
6,534 sqft lot
$N/A/sqft
No HOA
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Listed by: Ryan Petersen • Ouren Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325896
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.