160 N 8th 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
Investment property for sale in Mc Callsburg at 160 N 8th St, Mc Callsburg, IA, 50154 uses $61,328 cash to close to unlock $6,324/yr annual cash flow and $527/mo monthly cash flow. Total monthly income runs $1,728/mo, and a $905/mo payment keeps the spread at $527/mo. Purchase price stands at $185,000, and rental yield measures 11.21% with $1,728/mo rent. Return on cash invested shows 30.22% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 158.52% and total cumulative return in cash records $97,215. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,728/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.63 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: Traci Jennings • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls ID: #730828