1411 2nd StMilfordIA51351
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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 Milford at 1411 2nd St, Milford, IA, 51351 generates $954/mo in rent, after a $3,225/mo payment. Total monthly income is $954/mo. Return on cash invested sits at 1.65% in year one, and rental yield is 1.74% on a $659,000 entry. Equity gained on principal adds $4,252/yr, while 5% annual appreciation builds toward $182,070 over five years. Five-year ROI reaches 5.33% and total cumulative return in cash sums $11,551. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $954/mo property income rather than buyer’s personal income.
Single Family
Built in 1998
0.26 Acres lot
$N/A/sqft
No HOA
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Listed by: Kolette Delperdang • EXIT Realty Midwest
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250341
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