201 Grove St NWShellsburgIA52332
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 Shellsburg at 201 Grove St NW, Shellsburg, IA, 52332 with 5% annual appreciation on a $199,900 basis while $1,313/mo rent supports operations. Total monthly income totals $1,313/mo and a $978/mo payment preserves $15/mo for cash returns. Annual cash flow comes to $182/yr on $66,267 deployed, and return on cash invested reaches 20.18% in year one. Equity gained on principal adds $1,290/yr, and five-year appreciation sums $55,229 alongside rental yield of 7.88%. Five-year ROI measures 104.8% and total cumulative return in cash totals $69,445.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,313/mo property income versus a $978/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1979
8,302 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52332, Shellsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 752 (100%) |
| Owner Occupied HU | 620 (82.4%) |
| Renter Occupied HU | 81 (10.8%) |
| Vacant Housing Units | 51 ( 6.8%) |
| Median Home Value | $303,043 |
| Average Home Value | $311,681 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
701
Multi-Family
4
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dan Kaestner • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508718