160 N 3rd StMc CallsburgIA50154
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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 Mc Callsburg at 160 N 3rd St, Mc Callsburg, IA, 50154 offers $1,750/mo rent that, after a $489/mo payment, leaves $1,101/mo cash flow. Total monthly income is $1,750/mo, and annual cash flow is $13,212/yr on $33,150 cash. Return on cash invested measures 59.76% in year one, and rental yield stands at 21% at a $100,000 entry. Equity gained on principal adds $645/yr while 5% annual appreciation compounds into $27,628 by year five. Five-year ROI records 316.93% and total cumulative return in cash reaches $105,064. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,750/mo property income versus a $489/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1995
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50154, Mc Callsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 175 (74.8%) |
| Renter Occupied HU | 37 (15.8%) |
| Vacant Housing Units | 22 ( 9.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $306,057 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
4
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Listed by: Brianna Baker • Re/Max Precision Ankeny Uptown
Mls Name: CIBR
Mls Provider:
Mls ID: #67360
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.