205 3rd St, Lake View, IA, 51450 | Equity Gain $1,142/yr

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 Lake View at 205 3rd St, Lake View, IA, 51450 generates $0/mo in rent, after a $866/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.59% in year one, and rental yield is 0% on a $177,000 entry. Equity gained on principal adds $1,142/yr, while 5% annual appreciation builds toward $48,902 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.

Single Family

Built in 1951

0.26 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51450, Lake View, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,059 (100%)
Owner Occupied HU	559 (52.8%)
Renter Occupied HU	146 (13.8%)
Vacant Housing Units	354 (33.4%)
Median Home Value	$232,843
Average Home Value	$269,038