21535 78th StMartelleIA52305
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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 Martelle at 21535 78th St, Martelle, IA, 52305 generates $3,011/mo in rent and, after a $2,178/mo payment, leaves $121/mo in cash flow. Total monthly income is $3,011/mo, and annual cash flow is $1,452/yr on $147,518 invested. Return on cash invested sits at 20.89% in year one, and rental yield is 8.12% on a $445,000 entry. Equity gained on principal adds $2,872/yr, while 5% annual appreciation builds toward $122,945 over five years. Five-year ROI reaches 108.5% and total cumulative return in cash sums $160,052. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,011/mo property income rather than buyer’s personal income.
Single Family
Built in 2017
1.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52305, Martelle, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 264 (100%) |
| Owner Occupied HU | 227 (86.0%) |
| Renter Occupied HU | 19 ( 7.2%) |
| Vacant Housing Units | 18 ( 6.8%) |
| Median Home Value | $322,115 |
| Average Home Value | $358,051 |
Housing Distribution
Address Breakdown
Residential
179
Single Family
179
Multi-Family
0
Businesses
10
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