1821 Elk Horn CtPellaIA50219
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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 Pella at 1821 Elk Horn Ct, Pella, IA, 50219 at $465,000 posts ROI 17% with from $2,671/mo rent. Total monthly income equals $2,671/mo. Return on cash invested measures 17% and rental yield reads 6.89% at the current $465,000. Equity gained on principal adds $3,001/yr, and 5% annual appreciation supports $128,471 by year five. Five-year ROI prints 87.68% and total cumulative return in cash totals $135,155. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,671/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2008
1.65 Acres lot
$N/A/sqft
$300 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
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Listed by: Levi Spain • Pella Real Estate Services
Mls Name: DMMLS
Mls Provider:
Mls ID: #714248
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.