204-206 Elm StIowa FallsIA50126
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
Total monthly income runs $948/mo, and a $759/mo payment. Purchase price stands at $155,000, and rental yield measures 7.34% with $948/mo rent. Return on cash invested shows 18.53% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 95.85% and total cumulative return in cash records $49,252. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $948/mo property income covering a $759/mo payment rather than investor’s personal income.
Multi Family
Built in 1980
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50126, Iowa Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,928 (62.2%) |
| Renter Occupied HU | 779 (25.1%) |
| Vacant Housing Units | 391 (12.6%) |
| Median Home Value | $134,118 |
| Average Home Value | $157,281 |
Housing Distribution
Address Breakdown
Residential
2,960
Single Family
2,739
Multi-Family
221
Businesses
386
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Lisa J Renaud • Ferris Real Estate
Mls Name: NoCoast MLS
Mls ID: #6331680