204 W 7th St, Madrid, IA, 50156 | 3.42% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Madrid at 204 W 7th St, Madrid, IA, 50156 generates $1,110/mo in rent, after a $1,908/mo payment. Total monthly income is $1,110/mo. Return on cash invested sits at 6.71% in year one, and rental yield is 3.42% on a $389,900 entry. Equity gained on principal adds $2,516/yr, while 5% annual appreciation builds toward $107,722 over five years. Five-year ROI reaches 32.49% and total cumulative return in cash sums $41,989. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,110/mo property income rather than buyer’s personal income.

Single Family

Built in 1957

0.50 Acres lot

$N/A/sqft

No HOA