156 Gray StElk Run HeightsIA50707








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Nearby investment properties with comparable prices

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 Elk Run Heights at 156 Gray St, Elk Run Heights, IA, 50707 at $155,000 posts ROI 21.87% with $84/mo cash flow from $1,091/mo rent. Total monthly income equals $1,091/mo, and annual cash flow records $1,008/yr on $51,383 to close. Return on cash invested measures 21.87% and rental yield reads 8.45% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 113.77% and total cumulative return in cash totals $58,456.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,091/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1957
10,454 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices



Listed by: Jennifer Lakin • Structure Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254337








