1825 Dewitt 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
Investment property for sale in Ellsworth at 1825 Dewitt St, Ellsworth, IA, 50075 offers a 15.42% rental yield on a $120,000 purchase with $1,542/mo rent. Total monthly income registers $1,542/mo, and a $587/mo payment leaves $763/mo available for distribution. Annual cash flow reaches $9,156/yr on $39,780 to close, and return on cash invested stands at 42.93% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Portfolio math shows five-year ROI at 226.65% and total cumulative return in cash at $90,163. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,542/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1958
10,454 sqft 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: Traci Jennings • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls Provider:
Mls ID: #722685
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.