201 1st AveRoyalIA51357
Nearby investment properties with comparable rents
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 Royal at 201 1st Ave, Royal, IA, 51357 earns $901/mo cash flow from $1,771/mo rent with a $656/mo payment. Total monthly income totals $1,771/mo, and annual cash flow totals $10,807/yr on $44,421 capital. ROI tracks 44.24% on current figures, and rental yield reads 15.86% at a $134,000 purchase. Equity gained on principal adds $865/yr, and 5% annual appreciation supports $37,022 over five years. Five-year ROI reaches 233.75% and total cumulative return in cash sums $103,835. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,771/mo property income instead of your personal income.
Single Family
Built in 1965
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51357, Royal, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 312 (100%) |
| Owner Occupied HU | 230 (73.7%) |
| Renter Occupied HU | 40 (12.8%) |
| Vacant Housing Units | 42 (13.5%) |
| Median Home Value | $164,706 |
| Average Home Value | $241,837 |
Housing Distribution
Address Breakdown
Residential
120
Single Family
120
Multi-Family
0
Businesses
20
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lori Black • EXIT Realty Midwest- Spencer/Emmetsburg
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250939
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.