2126 Washington St, Elk Horn, IA, 51531 | 7.29% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Elk Horn at 2126 Washington St, Elk Horn, IA, 51531 earns from $1,307/mo rent with a $1,052/mo payment. Total monthly income totals $1,307/mo. ROI tracks 18.41% on current figures, and rental yield reads 7.29% 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 95.2% and total cumulative return in cash sums $67,849. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,307/mo property income instead of your personal income.

Single Family

Built in 1955

0.35 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51531, Elk Horn, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	375 (100%)
Owner Occupied HU	276 (73.6%)
Renter Occupied HU	75 (20.0%)
Vacant Housing Units	24 ( 6.4%)
Median Home Value	$156,818
Average Home Value	$170,480