1605 Chalstrom Beach Rd #303OkobojiIA51355
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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 Okoboji at 1605 Chalstrom Beach Rd #303, Okoboji, IA, 51355 earns from $1,620/mo rent with a $3,666/mo payment. Total monthly income totals $1,620/mo. ROI tracks -12.59% on current figures, and rental yield reads 2.6% at a $749,000 purchase. Equity gained on principal adds $4,833/yr, and 5% annual appreciation supports $206,935 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,620/mo property income instead of your personal income.
Condo
Built in 1993
8,712 sqft lot
$N/A/sqft
$3,460 other HOA
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Listed by: Mark Leiss • Stauss Realty
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250615
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