1800 Strauss AveAdelIA50003
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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 Adel at 1800 Strauss Ave, Adel, IA, 50003 generates $2,526/mo in rent, after a $2,079/mo payment. Total monthly income is $2,526/mo. Return on cash invested sits at 17.89% in year one, and rental yield is 7.14% on a $424,700 entry. Equity gained on principal adds $2,741/yr, while 5% annual appreciation builds toward $117,337 over five years. Five-year ROI reaches 92.46% and total cumulative return in cash sums $130,171. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,526/mo property income rather than buyer’s personal income.
Single Family
Built in 2018
0.26 Acres lot
$N/A/sqft
$50 annually HOA
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Listed by: Jeff Johnston • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #718483
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