201 1st St SFarleyIA52046
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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 Farley at 201 1st St S, Farley, IA, 52046 uses $99,417 cash to close to unlock $3,290/yr annual cash flow and $274/mo monthly cash flow. Total monthly income runs $2,222/mo, and a $1,468/mo payment keeps the spread at $274/mo. Purchase price stands at $299,900, and rental yield measures 8.89% with $2,222/mo rent. Return on cash invested shows 23.22% in year one, and 5% annual appreciation builds toward $82,857 over five years. Five-year ROI reaches 121.03% and total cumulative return in cash records $120,328. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,222/mo property income covering a $1,468/mo payment rather than investor’s personal income.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52046, Farley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 747 (76.1%) |
| Renter Occupied HU | 200 (20.4%) |
| Vacant Housing Units | 35 ( 3.6%) |
| Median Home Value | $319,578 |
| Average Home Value | $360,944 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
789
Multi-Family
26
Businesses
62
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Listed by: Ashley Cosselman • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151521
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.