1406 Huron StMediapolisIA52637
Nearby investment properties with comparable rents
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
Rental property for sale in Mediapolis at 1406 Huron St, Mediapolis, IA, 52637 offers $752/mo rent that, after a $1,561/mo payment. Total monthly income is $752/mo. Return on cash invested measures 4.94% in year one, and rental yield stands at 2.83% at a $319,000 entry. Equity gained on principal adds $2,058/yr while 5% annual appreciation compounds into $88,134 by year five. Five-year ROI records 22.97% and total cumulative return in cash reaches $24,289. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $752/mo property income versus a $1,561/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Condo
Built in 2023
7,405 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leiah Prall • Century 21/Property Profession
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327637
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.