209 Wilson StLaurelIA50141
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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 Laurel at 209 Wilson St, Laurel, IA, 50141 uses $66,300 cash to close to unlock $4,956/yr annual cash flow and $413/mo monthly cash flow. Total monthly income runs $1,712/mo, and a $979/mo payment keeps the spread at $413/mo. Purchase price stands at $200,000, and rental yield measures 10.27% with $1,712/mo rent. Return on cash invested shows 27.38% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 143.32% and total cumulative return in cash records $95,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,712/mo property income covering a $979/mo payment rather than investor’s personal income.
Single Family
Built in 1971
0.54 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50141, Laurel, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 233 (100%) |
| Owner Occupied HU | 185 (79.4%) |
| Renter Occupied HU | 28 (12.0%) |
| Vacant Housing Units | 20 ( 8.6%) |
| Median Home Value | $180,469 |
| Average Home Value | $255,324 |
Housing Distribution
Address Breakdown
Residential
124
Single Family
124
Multi-Family
0
Businesses
14
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Listed by: Kristin Polley • Century 21 Signature Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6330843
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.