1426 260th StNodawayIA50857
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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 Nodaway at 1426 260th St, Nodaway, IA, 50857 generates $1,626/mo in rent, after a $7,105/mo payment. Total monthly income is $1,626/mo. Return on cash invested sits at 0.46% in year one, and rental yield is 1.34% on a $1,451,595 entry. Equity gained on principal adds $9,367/yr, while 5% annual appreciation builds toward $401,049 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,626/mo property income rather than buyer’s personal income.
Single Family
Built in 1975
200.22 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50857, Nodaway, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 142 (100%) |
| Owner Occupied HU | 90 (63.4%) |
| Renter Occupied HU | 22 (15.5%) |
| Vacant Housing Units | 30 (21.1%) |
| Median Home Value | $159,375 |
| Average Home Value | $225,000 |
Housing Distribution
Address Breakdown
Residential
110
Single Family
110
Multi-Family
0
Businesses
4
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
No similar price properties found nearby.