212 6th St SW, Le Mars, IA, 51031 | $521/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

3 Bed
2 Bath
1760 sft

2468 110th St, Kingsley, IA, 51028

2 Bed
2 Bath
1729 sft

403 N Linn St, Marcus, IA, 51035

2 Bed
2 Bath
2548 sft

220 6th St, Merrill, IA, 51038

2 Bed
2 Bath
2288 sft

501 Virginia Cir, Alton, IA, 51003

Nearby investment properties with comparable prices

2 Bed
2 Bath
1876 sft

115 3rd St NW, Le Mars, IA, 51031

4 Bed
2 Bath
2296 sft

215 2nd St SW, Orange City, IA, 51041

2 Bed
2 Bath
1544 sft

650 S 7th St, Akron, IA, 51001

3 Bed
1 Bath
1450 sft

229 9th Ave SE, Le Mars, IA, 51031

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Le Mars at 212 6th St SW, Le Mars, IA, 51031 uses $66,300 cash to close to unlock $6,252/yr annual cash flow and $521/mo monthly cash flow. Total monthly income runs $1,820/mo, and a $979/mo payment keeps the spread at $521/mo. Purchase price stands at $200,000, and rental yield measures 10.92% with $1,820/mo rent. Return on cash invested shows 29.34% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 153.8% and total cumulative return in cash records $101,972. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,820/mo property income covering a $979/mo payment rather than investor’s personal income.

Single Family

Built in 1892

8,712 sqft lot

$N/A/sqft

No HOA