200 High St SEElkaderIA52043
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Nearby investment properties with comparable prices
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 Elkader at 200 High St SE, Elkader, IA, 52043 with 5% annual appreciation on a $109,000 basis while $867/mo rent supports operations. Total monthly income totals $867/mo and a $534/mo payment preserves $159/mo for cash returns. Annual cash flow comes to $1,903/yr on $36,134 deployed, and return on cash invested reaches 25.18% in year one. Equity gained on principal adds $703/yr, and five-year appreciation sums $30,115 alongside rental yield of 9.54%. Five-year ROI measures 131.54% and total cumulative return in cash totals $47,530.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $867/mo property income versus a $534/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1900
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52043, Elkader, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,088 (100%) |
| Owner Occupied HU | 739 (67.9%) |
| Renter Occupied HU | 219 (20.1%) |
| Vacant Housing Units | 130 (11.9%) |
| Median Home Value | $171,366 |
| Average Home Value | $318,200 |
Housing Distribution
Address Breakdown
Residential
730
Single Family
687
Multi-Family
43
Businesses
144
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