1908 N Randall RdCarrollIA51401
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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 Carroll at 1908 N Randall Rd, Carroll, IA, 51401 listed at $298,500 pairs $1,052/mo rent with a $1,461/mo payment. Total monthly income runs $1,052/mo. Return on cash invested measures 9.16% in year one, and rental yield registers 4.23% at a $298,500 basis. Equity gained on principal adds $1,926/yr, and annual property appreciation at 5% supports $82,470 by year five. Five-year ROI tracks 45.61% and total cumulative return in cash totals $45,129. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,052/mo property income relative to a $1,461/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Condo
Built in 1993
8,067 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51401, Carroll, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,799 (100%) |
| Owner Occupied HU | 3,795 (65.4%) |
| Renter Occupied HU | 1,552 (26.8%) |
| Vacant Housing Units | 452 ( 7.8%) |
| Median Home Value | $220,132 |
| Average Home Value | $279,634 |
Housing Distribution
Address Breakdown
Residential
5,448
Single Family
4,566
Multi-Family
882
Businesses
638
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