201 E 8th StMadridIA50156
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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 Madrid at 201 E 8th St, Madrid, IA, 50156 uses $62,952 cash to close to unlock $494/yr annual cash flow and $41/mo monthly cash flow. Total monthly income runs $1,274/mo, and a $929/mo payment keeps the spread at $41/mo. Purchase price stands at $189,900, and rental yield measures 8.05% with $1,274/mo rent. Return on cash invested shows 20.69% in year one, and 5% annual appreciation builds toward $52,466 over five years. Five-year ROI reaches 107.54% and total cumulative return in cash records $67,697. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,274/mo property income covering a $929/mo payment rather than investor’s personal income.
Single Family
Built in 1914
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Emily Graeve • RE/MAX Generations
Mls Name: CIBR
Mls Provider:
Mls ID: #68047
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.