211 Jackson StRemsenIA51050
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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 Remsen at 211 Jackson St, Remsen, IA, 51050 priced at $175,000 pairs $1,278/mo rent with $141/mo cash flow after a $857/mo payment. Total monthly income equals $1,278/mo, and annual cash flow comes to $1,692/yr on $58,013 invested. Return on cash invested is 22.83% in year one, and rental yield stands at 8.76% on a $175,000 basis. Equity gained on principal adds $1,129/yr, and 5% annual appreciation accumulates to $48,349 by year five. Five-year ROI measures 118.89% and total cumulative return in cash reaches $68,971. For financing, Ziffy Mortgage’s DSCR program evaluates $1,278/mo property income against a $857/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1947
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51050, Remsen, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 838 (76.8%) |
| Renter Occupied HU | 180 (16.5%) |
| Vacant Housing Units | 73 ( 6.7%) |
| Median Home Value | $263,793 |
| Average Home Value | $334,406 |
Housing Distribution
Address Breakdown
Residential
725
Single Family
702
Multi-Family
23
Businesses
71
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Listed by: Abby Phillips • Exit Realty Midwest - LeMars
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828040
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.