205 3rd Ave SWTripoliIA50676
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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 Tripoli at 205 3rd Ave SW, Tripoli, IA, 50676 generates $932/mo in rent and, after a $587/mo payment, leaves $153/mo in cash flow. Total monthly income is $932/mo, and annual cash flow is $1,836/yr on $39,780 invested. Return on cash invested sits at 24.52% in year one, and rental yield is 9.32% on a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation builds toward $33,154 over five years. Five-year ROI reaches 127.95% and total cumulative return in cash sums $50,899. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $932/mo property income rather than buyer’s personal income.
Single Family
Built in 1914
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50676, Tripoli, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 827 (100%) |
| Owner Occupied HU | 634 (76.7%) |
| Renter Occupied HU | 115 (13.9%) |
| Vacant Housing Units | 78 ( 9.4%) |
| Median Home Value | $175,820 |
| Average Home Value | $243,478 |
Housing Distribution
Address Breakdown
Residential
483
Single Family
483
Multi-Family
0
Businesses
38
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