17234 Balltown RdSherrillIA52073
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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 Sherrill at 17234 Balltown Rd, Sherrill, IA, 52073 generates $1,477/mo in rent, after a $1,957/mo payment. Total monthly income is $1,477/mo. Return on cash invested sits at 9.77% in year one, and rental yield is 4.43% on a $399,900 entry. Equity gained on principal adds $2,580/yr, while 5% annual appreciation builds toward $110,485 over five years. Five-year ROI reaches 48.91% and total cumulative return in cash sums $64,844. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,477/mo property income rather than buyer’s personal income.
Single Family
Built in 1964
0.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52073, Sherrill, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 670 (100%) |
| Owner Occupied HU | 575 (85.8%) |
| Renter Occupied HU | 57 ( 8.5%) |
| Vacant Housing Units | 38 ( 5.7%) |
| Median Home Value | $382,534 |
| Average Home Value | $480,961 |
Housing Distribution
Address Breakdown
Residential
615
Single Family
615
Multi-Family
0
Businesses
22
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