1521 Road M56KirkmanIA51447
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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 Kirkman at 1521 Road M56, Kirkman, IA, 51447 generates $1,286/mo in rent, after a $1,077/mo payment. Total monthly income is $1,286/mo. Return on cash invested sits at 17.56% in year one, and rental yield is 7.01% on a $220,000 entry. Equity gained on principal adds $1,420/yr, while 5% annual appreciation builds toward $60,782 over five years. Five-year ROI reaches 90.63% and total cumulative return in cash sums $66,095. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,286/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
1 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51447, Kirkman, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 102 (100%) |
| Owner Occupied HU | 78 (76.5%) |
| Renter Occupied HU | 13 (12.7%) |
| Vacant Housing Units | 11 (10.8%) |
| Median Home Value | $214,286 |
| Average Home Value | $480,609 |
Housing Distribution
Address Breakdown
Residential
85
Single Family
85
Multi-Family
0
Businesses
0
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