20587 247th St, Delhi, IA, 52223 | 3.58% Rental Yield

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

Investment property for sale in Delhi at 20587 247th St, Delhi, IA, 52223 offers a 3.58% rental yield on a $399,000 purchase with $1,189/mo rent. 19% in year one. Equity gained on principal adds $2,575/yr while 5% annual appreciation supports $110,236 over five years. Portfolio math shows five-year ROI at 35.02% and total cumulative return in cash at $46,322. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,189/mo property income against a $1,953/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in 1980

0.45 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 52223, Delhi, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,118 (100%)
Owner Occupied HU	581 (52.0%)
Renter Occupied HU	73 ( 6.5%)
Vacant Housing Units	464 (41.5%)
Median Home Value	$303,398
Average Home Value	$477,629