216 Walnut DrMartensdaleIA50160
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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
Investment property for sale in Martensdale at 216 Walnut Dr, Martensdale, IA, 50160 at $315,000 posts ROI 19.95% with $4/mo cash flow from $2,050/mo rent. Total monthly income equals $2,050/mo, and annual cash flow records $48/yr on $104,423 to close. Return on cash invested measures 19.95% and rental yield reads 7.81% at the current $315,000. Equity gained on principal adds $2,033/yr, and 5% annual appreciation supports $87,029 by year five. Five-year ROI prints 103.48% and total cumulative return in cash totals $108,053.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,050/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 2014
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50160, Martensdale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 163 (81.5%) |
| Renter Occupied HU | 27 (13.5%) |
| Vacant Housing Units | 10 ( 5.0%) |
| Median Home Value | $324,194 |
| Average Home Value | $382,853 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
19
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Listed by: Kelly McCord • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls Provider:
Mls ID: #715024
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.