205 Grove St NWShellsburgIA52332
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Nearby investment properties with comparable prices
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 Shellsburg at 205 Grove St NW, Shellsburg, IA, 52332 with 5% annual appreciation on a $169,900 basis while $1,619/mo rent supports operations. Total monthly income totals $1,619/mo and a $832/mo payment preserves $515/mo for cash returns. Annual cash flow comes to $6,182/yr on $56,322 deployed, and return on cash invested reaches 30.89% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 11.43%. Five-year ROI measures 162.19% and total cumulative return in cash totals $91,346.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,619/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1978
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52332, Shellsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 752 (100%) |
| Owner Occupied HU | 620 (82.4%) |
| Renter Occupied HU | 81 (10.8%) |
| Vacant Housing Units | 51 ( 6.8%) |
| Median Home Value | $303,043 |
| Average Home Value | $311,681 |
Housing Distribution
Address Breakdown
Residential
705
Single Family
701
Multi-Family
4
Businesses
35
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Listed by: Tyra McAbee • Century 21 Signature Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2509655
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.