1450 Cedar River DrPaloIA52324
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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 Palo at 1450 Cedar River Dr, Palo, IA, 52324 generates $2,623/mo in rent and, after a $1,835/mo payment, leaves $188/mo in cash flow. Total monthly income is $2,623/mo, and annual cash flow is $2,256/yr on $124,313 invested. Return on cash invested sits at 21.72% in year one, and rental yield is 8.39% on a $375,000 entry. Equity gained on principal adds $2,420/yr, while 5% annual appreciation builds toward $103,606 over five years. Five-year ROI reaches 112.96% and total cumulative return in cash sums $140,427. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,623/mo property income rather than buyer’s personal income.
Single Family
Built in 2005
0.30 Acres lot
$N/A/sqft
No HOA
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Listed by: Katie Reck • RUHL & RUHL REALTORS®
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503874
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.