204 E Main StZearingIA50278
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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 Zearing at 204 E Main St, Zearing, IA, 50278 generates $1,892/mo in rent and, after a $1,194/mo payment, leaves $308/mo in cash flow. Total monthly income is $1,892/mo, and annual cash flow is $3,691/yr on $80,886 invested. Return on cash invested sits at 24.47% in year one, and rental yield is 9.3% on a $244,000 entry. Equity gained on principal adds $1,574/yr, while 5% annual appreciation builds toward $67,413 over five years. Five-year ROI reaches 127.73% and total cumulative return in cash sums $103,318. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,892/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
9,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50278, Zearing, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 353 (100%) |
| Owner Occupied HU | 261 (73.9%) |
| Renter Occupied HU | 64 (18.1%) |
| Vacant Housing Units | 28 ( 7.9%) |
| Median Home Value | $216,964 |
| Average Home Value | $245,201 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
182
Multi-Family
0
Businesses
29
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