207 8th AveSullyIA50251
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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 Sully at 207 8th Ave, Sully, IA, 50251 generates $0/mo in rent, after a $1,052/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.75% in year one, and rental yield is 0% on a $215,000 entry. Equity gained on principal adds $1,387/yr, while 5% annual appreciation builds toward $59,401 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.
Condo
Built in 2016
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50251, Sully, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 447 (78.8%) |
| Renter Occupied HU | 90 (15.9%) |
| Vacant Housing Units | 30 ( 5.3%) |
| Median Home Value | $215,678 |
| Average Home Value | $279,223 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
73
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No similar rental properties found nearby.
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Listed by: Kathy Kooyman • Coldwell Banker Mid-America
Mls Name: DMMLS
Mls Provider:
Mls ID: #692585
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.