203 Southview BlvdShenandoahIA51601
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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
Rental property for sale in Shenandoah at 203 Southview Blvd, Shenandoah, IA, 51601 priced at $180,000 pairs $1,754/mo rent with $585/mo cash flow after a $881/mo payment. Total monthly income equals $1,754/mo, and annual cash flow comes to $7,020/yr on $59,670 invested. Return on cash invested is 31.67% in year one, and rental yield stands at 11.69% on a $180,000 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,731 by year five. Five-year ROI measures 166.32% and total cumulative return in cash reaches $99,245. For financing, Ziffy Mortgage’s DSCR program evaluates $1,754/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1955
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Housing Distribution
Address Breakdown
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
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Listed by: Leanne Haynes • United Country Gilworth Real Estate & Auction
Mls Name: SWIAR
Mls ID: #25-1766