205 W Ely StGreeneIA50636
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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 Greene at 205 W Ely St, Greene, IA, 50636 offers $959/mo rent that, after a $685/mo payment, leaves $50/mo cash flow. Total monthly income is $959/mo, and annual cash flow is $602/yr on $46,377 cash. Return on cash invested measures 21.21% in year one, and rental yield stands at 8.23% at a $139,900 entry. Equity gained on principal adds $903/yr while 5% annual appreciation compounds into $38,652 by year five. Five-year ROI records 110.29% and total cumulative return in cash reaches $51,147. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $959/mo property income versus a $685/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1875
6,534 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50636, Greene, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 918 (100%) |
| Owner Occupied HU | 657 (71.6%) |
| Renter Occupied HU | 138 (15.0%) |
| Vacant Housing Units | 123 (13.4%) |
| Median Home Value | $170,927 |
| Average Home Value | $206,887 |
Housing Distribution
Address Breakdown
Residential
688
Single Family
688
Multi-Family
0
Businesses
61
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