155 1st St NMaynardIA50655
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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 Maynard at 155 1st St N, Maynard, IA, 50655 offers a 10.12% rental yield on a $116,500 purchase with $982/mo rent. Total monthly income registers $982/mo, and a $570/mo payment leaves $226/mo available for distribution. Annual cash flow reaches $2,707/yr on $38,620 to close, and return on cash invested stands at 26.92% in year one. Equity gained on principal adds $752/yr while 5% annual appreciation supports $32,187 over five years. Portfolio math shows five-year ROI at 140.88% and total cumulative return in cash at $54,408. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $982/mo property income against a $570/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50655, Maynard, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 350 (100%) |
| Owner Occupied HU | 246 (70.3%) |
| Renter Occupied HU | 68 (19.4%) |
| Vacant Housing Units | 36 (10.3%) |
| Median Home Value | $172,778 |
| Average Home Value | $310,498 |
Housing Distribution
Address Breakdown
Residential
239
Single Family
239
Multi-Family
0
Businesses
15
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