16426 Butcher RdWestfieldIA51062
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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 Westfield at 16426 Butcher Rd, Westfield, IA, 51062 generates $1,242/mo in rent, after a $1,713/mo payment. Total monthly income is $1,242/mo. Return on cash invested sits at 9.24% in year one, and rental yield is 4.26% on a $349,900 entry. Equity gained on principal adds $2,258/yr, while 5% annual appreciation builds toward $96,671 over five years. Five-year ROI reaches 46.07% and total cumulative return in cash sums $53,442. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,242/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
9.83 Acres lot
$N/A/sqft
No HOA
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Listed by: Troy Donnelly • Herrity & Associates
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828938
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. Listing information is deemed reliable, but not guaranteed.