200 Washington St, New Market, IA, 51646 | Equity Gain $690/yr

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in New Market at 200 Washington St, New Market, IA, 51646 generates $0/mo in rent, after a $524/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.61% in year one, and rental yield is 0% on a $107,000 entry. Equity gained on principal adds $690/yr, while 5% annual appreciation builds toward $29,562 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Single Family

Built in 1938

0.59 Acres lot

$N/A/sqft

No HOA