1611 9th St, Harlan, IA, 51537 | 3.84% Rental Yield

For Sale

Listed for sale 2 days ago

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 Harlan at 1611 9th St, Harlan, IA, 51537 generates $720/mo in rent, after a $1,101/mo payment. Total monthly income is $720/mo. Return on cash invested sits at 7.99% in year one, and rental yield is 3.84% on a $225,000 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation builds toward $62,163 over five years. Five-year ROI reaches 39.28% and total cumulative return in cash sums $29,301. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $720/mo property income rather than buyer’s personal income.

Single Family

Built in 1906

8,276 sqft lot

$N/A/sqft

No HOA