1321 11th StNevadaIA50201
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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 Nevada at 1321 11th St, Nevada, IA, 50201 offers a 9.66% rental yield on a $188,900 purchase with $1,520/mo rent. Total monthly income registers $1,520/mo, and a $925/mo payment leaves $293/mo available for distribution. Annual cash flow reaches $3,513/yr on $62,620 to close, and return on cash invested stands at 25.52% in year one. Equity gained on principal adds $1,219/yr while 5% annual appreciation supports $52,190 over five years. Portfolio math shows five-year ROI at 133.32% and total cumulative return in cash at $83,487. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,520/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Jason Mickelson • CENTURY 21 SIGNATURE-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #67809
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.