1423 Ellis AveIowa FallsIA50126
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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 Iowa Falls at 1423 Ellis Ave, Iowa Falls, IA, 50126 offers $780/mo rent that, after a $538/mo payment, leaves $66/mo cash flow. Total monthly income is $780/mo, and annual cash flow is $794/yr on $36,432 cash. Return on cash invested measures 22.09% in year one, and rental yield stands at 8.52% at a $109,900 entry. Equity gained on principal adds $709/yr while 5% annual appreciation compounds into $30,363 by year five. Five-year ROI records 115.06% and total cumulative return in cash reaches $41,920. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $780/mo property income versus a $538/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1947
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50126, Iowa Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,928 (62.2%) |
| Renter Occupied HU | 779 (25.1%) |
| Vacant Housing Units | 391 (12.6%) |
| Median Home Value | $134,118 |
| Average Home Value | $157,281 |
Housing Distribution
Address Breakdown
Residential
2,960
Single Family
2,739
Multi-Family
221
Businesses
386
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Listed by: Ferat Aliu • Staley Real Estate
Mls Name: NoCoast MLS
Mls ID: #6327260