2078 110th StCaseyIA50048
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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 Casey at 2078 110th St, Casey, IA, 50048 generates $1,112/mo in rent, after a $2,692/mo payment. Total monthly income is $1,112/mo. Return on cash invested sits at 3.75% in year one, and rental yield is 2.43% on a $549,999 entry. Equity gained on principal adds $3,549/yr, while 5% annual appreciation builds toward $151,955 over five years. Five-year ROI reaches 16.53% and total cumulative return in cash sums $29,913. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,112/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
11.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50048, Casey, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 427 (100%) |
| Owner Occupied HU | 311 (72.8%) |
| Renter Occupied HU | 56 (13.1%) |
| Vacant Housing Units | 60 (14.1%) |
| Median Home Value | $218,243 |
| Average Home Value | $283,143 |
Housing Distribution
Address Breakdown
Residential
307
Single Family
307
Multi-Family
0
Businesses
27
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Listed by: Misty Darling • BH&G Real Estate Innovations
Mls Name: DMMLS
Mls Provider:
Mls ID: #730703
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.