1497 530th StCherokeeIA51012
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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
Investment property for sale in Cherokee at 1497 530th St, Cherokee, IA, 51012 earns from $2,083/mo rent with a $1,737/mo payment. Total monthly income totals $2,083/mo. ROI tracks 17.65% on current figures, and rental yield reads 7.04% at a $354,820 purchase. Equity gained on principal adds $2,290/yr, and 5% annual appreciation supports $98,030 over five years. Five-year ROI reaches 91.13% and total cumulative return in cash sums $107,187. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,083/mo property income instead of your personal income.
Single Family
Built in 1995
11 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51012, Cherokee, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,089 (100%) |
| Owner Occupied HU | 1,995 (64.6%) |
| Renter Occupied HU | 801 (25.9%) |
| Vacant Housing Units | 293 ( 9.5%) |
| Median Home Value | $181,510 |
| Average Home Value | $214,591 |
Housing Distribution
Address Breakdown
Residential
2,842
Single Family
2,479
Multi-Family
363
Businesses
342
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