21 Elmwood DrMapletonIA51034
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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 Mapleton at 21 Elmwood Dr, Mapleton, IA, 51034 earns $229/mo cash flow from $1,625/mo rent with a $1,052/mo payment. Total monthly income totals $1,625/mo, and annual cash flow totals $2,748/yr on $71,273 capital. ROI tracks 23.76% on current figures, and rental yield reads 9.07% at a $215,000 purchase. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 over five years. Five-year ROI reaches 123.92% and total cumulative return in cash sums $88,321. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,625/mo property income instead of your personal income.
Single Family
Built in 1964
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51034, Mapleton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 571 (69.5%) |
| Renter Occupied HU | 153 (18.6%) |
| Vacant Housing Units | 98 (11.9%) |
| Median Home Value | $132,721 |
| Average Home Value | $185,473 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
728
Multi-Family
11
Businesses
76
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