1822 Desota StEllsworthIA50075
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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 Ellsworth at 1822 Desota St, Ellsworth, IA, 50075 priced at $109,900 converts $1,294/mo rent into $580/mo cash flow after a $538/mo obligation. Total monthly income equals $1,294/mo, and annual cash flow totals $6,962/yr on $36,432 invested. Return on cash invested prints 39.02% in year one, and rental yield reads 14.13% against a $109,900 entry. Equity gained on principal adds $709/yr, while 5% annual appreciation compiles into $30,363 by year five. Five-year ROI reaches 205.84% and total cumulative return in cash sums $74,992. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,294/mo property income covering a $538/mo payment, not borrower’s personal income.
Single Family
Built in 1910
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50075, Ellsworth, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 365 (100%) |
| Owner Occupied HU | 266 (72.9%) |
| Renter Occupied HU | 62 (17.0%) |
| Vacant Housing Units | 37 (10.1%) |
| Median Home Value | $198,684 |
| Average Home Value | $306,278 |
Housing Distribution
Address Breakdown
Residential
209
Single Family
209
Multi-Family
0
Businesses
31
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Listed by: Mark Greenfield • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #65120
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. Data is deemed reliable but not accurate.