16 4th Ave, Underwood, IA, 51576 | $314/mo Cash Flow

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 Underwood at 16 4th Ave, Underwood, IA, 51576 offers $2,126/mo rent that, after a $1,366/mo payment, leaves $314/mo cash flow. Total monthly income is $2,126/mo, and annual cash flow is $3,763/yr on $92,489 cash. Return on cash invested measures 23.98% in year one, and rental yield stands at 9.14% at a $279,000 entry. Equity gained on principal adds $1,800/yr while 5% annual appreciation compounds into $77,083 by year five. Five-year ROI records 125.07% and total cumulative return in cash reaches $115,675. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,126/mo property income versus a $1,366/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1957

9,800 sqft lot

$N/A/sqft

No HOA