215 Aspen CirPellaIA50219
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Pella at 215 Aspen Cir, Pella, IA, 50219 offers $2,934/mo rent that, after a $3,758/mo payment. Total monthly income is $2,934/mo. Return on cash invested measures 10.23% in year one, and rental yield stands at 4.58% at a $767,900 entry. Equity gained on principal adds $4,955/yr while 5% annual appreciation compounds into $212,157 by year five. Five-year ROI records 51.34% and total cumulative return in cash reaches $129,718. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,934/mo property income versus a $3,758/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2023
0.35 Acres lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
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Listed by: Jill Veenstra • Home Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #684111
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.