1702 Washington StEldoraIA50627
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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 Eldora at 1702 Washington St, Eldora, IA, 50627 with 5% annual appreciation on a $134,900 basis while $1,032/mo rent supports operations. Total monthly income totals $1,032/mo and a $660/mo payment preserves $156/mo for cash returns. Annual cash flow comes to $1,874/yr on $44,719 deployed, and return on cash invested reaches 24.1% in year one. Equity gained on principal adds $870/yr, and five-year appreciation sums $37,270 alongside rental yield of 9.18%. Five-year ROI measures 125.81% and total cumulative return in cash totals $56,261.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,032/mo property income versus a $660/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1961
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50627, Eldora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,579 (100%) |
| Owner Occupied HU | 997 (63.1%) |
| Renter Occupied HU | 372 (23.6%) |
| Vacant Housing Units | 210 (13.3%) |
| Median Home Value | $147,877 |
| Average Home Value | $198,348 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,352
Multi-Family
64
Businesses
143
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