201 Tama StSlaterIA50244
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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
Rental property for sale in Slater at 201 Tama St, Slater, IA, 50244 offers $1,385/mo rent that, after a $832/mo payment, leaves $281/mo cash flow. Total monthly income is $1,385/mo, and annual cash flow is $3,374/yr on $56,322 cash. Return on cash invested measures 25.9% in year one, and rental yield stands at 9.78% at a $169,900 entry. Equity gained on principal adds $1,096/yr while 5% annual appreciation compounds into $46,940 by year five. Five-year ROI records 135.45% and total cumulative return in cash reaches $76,286. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,385/mo property income versus a $832/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1895
7,100 sqft lot
$N/A/sqft
No HOA
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Listed by: Ethan Hokel • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #721015
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.