1389 260th AveDelmarIA52037
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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 Delmar at 1389 260th Ave, Delmar, IA, 52037 listed at $799,000 pairs $3,797/mo rent with a $3,911/mo payment. Total monthly income runs $3,797/mo. Return on cash invested measures 13.7% in year one, and rental yield registers 5.7% at a $799,000 basis. Equity gained on principal adds $5,156/yr, and annual property appreciation at 5% supports $220,749 by year five. Five-year ROI tracks 69.94% and total cumulative return in cash totals $183,846. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,797/mo property income relative to a $3,911/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2014
3.14 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52037, Delmar, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 556 (100%) |
| Owner Occupied HU | 460 (82.7%) |
| Renter Occupied HU | 57 (10.3%) |
| Vacant Housing Units | 39 ( 7.0%) |
| Median Home Value | $265,854 |
| Average Home Value | $356,717 |
Housing Distribution
Address Breakdown
Residential
383
Single Family
383
Multi-Family
0
Businesses
21
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