1503 Westridge Dr, Harlan, IA, 51537 | 2.17% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Harlan at 1503 Westridge Dr, Harlan, IA, 51537 generates $720/mo in rent, after a $1,953/mo payment. Total monthly income is $720/mo. Return on cash invested sits at 2.93% in year one, and rental yield is 2.17% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 12.19% and total cumulative return in cash sums $16,130. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $720/mo property income rather than buyer’s personal income.

Single Family

Built in 1978

1.22 Acres lot

$N/A/sqft

No HOA