2030 Dows StElyIA52227
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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 Ely at 2030 Dows St, Ely, IA, 52227 listed at $316,900 pairs $2,437/mo rent with a $1,551/mo payment to leave $379/mo cash flow. Total monthly income runs $2,437/mo, and annual cash flow reaches $4,548/yr on $105,052 cash to close. Return on cash invested measures 24.24% in year one, and rental yield registers 9.23% at a $316,900 basis. Equity gained on principal adds $2,045/yr, and annual property appreciation at 5% supports $87,554 by year five. Five-year ROI tracks 126.45% and total cumulative return in cash totals $132,842. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,437/mo property income relative to a $1,551/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1996
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52227, Ely, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 996 (80.8%) |
| Renter Occupied HU | 175 (14.2%) |
| Vacant Housing Units | 61 ( 5.0%) |
| Median Home Value | $348,160 |
| Average Home Value | $409,026 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
996
Multi-Family
67
Businesses
51
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