209 N 2nd StMiloIA50166
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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
Investment property for sale in Milo at 209 N 2nd St, Milo, IA, 50166 offers a 7.16% rental yield on a $200,000 purchase with $1,193/mo rent. 99% in year one. Equity gained on principal adds $1,291/yr while 5% annual appreciation supports $55,256 over five years. Portfolio math shows five-year ROI at 92.95% and total cumulative return in cash at $61,628. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,193/mo property income against a $979/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1975
8,250 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50166, Milo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 545 (80.6%) |
| Renter Occupied HU | 87 (12.9%) |
| Vacant Housing Units | 44 ( 6.5%) |
| Median Home Value | $250,301 |
| Average Home Value | $313,725 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
574
Multi-Family
0
Businesses
25
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