205 2nd Ave SEFarleyIA52046
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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 Farley at 205 2nd Ave SE, Farley, IA, 52046 listed at $219,900 pairs $1,520/mo rent with a $1,076/mo payment to leave $92/mo cash flow. Total monthly income runs $1,520/mo, and annual cash flow reaches $1,106/yr on $72,897 cash to close. Return on cash invested measures 21.43% in year one, and rental yield registers 8.29% at a $219,900 basis. Equity gained on principal adds $1,419/yr, and annual property appreciation at 5% supports $60,754 by year five. Five-year ROI tracks 111.42% and total cumulative return in cash totals $81,220. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,520/mo property income relative to a $1,076/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1916
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52046, Farley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 747 (76.1%) |
| Renter Occupied HU | 200 (20.4%) |
| Vacant Housing Units | 35 ( 3.6%) |
| Median Home Value | $319,578 |
| Average Home Value | $360,944 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
789
Multi-Family
26
Businesses
62
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