217 E Center AveBadgerIA50516
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 Badger at 217 E Center Ave, Badger, IA, 50516 offers $1,409/mo rent that, after a $930/mo payment, leaves $175/mo cash flow. Total monthly income is $1,409/mo, and annual cash flow is $2,100/yr on $62,985 cash. Return on cash invested measures 23.24% in year one, and rental yield stands at 8.9% at a $190,000 entry. Equity gained on principal adds $1,226/yr while 5% annual appreciation compounds into $52,494 by year five. Five-year ROI records 121.1% and total cumulative return in cash reaches $76,272. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,409/mo property income versus a $930/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1916
8,537 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50516, Badger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 304 (100%) |
| Owner Occupied HU | 256 (84.2%) |
| Renter Occupied HU | 29 ( 9.5%) |
| Vacant Housing Units | 19 ( 6.2%) |
| Median Home Value | $190,152 |
| Average Home Value | $260,410 |
Housing Distribution
Address Breakdown
Residential
178
Single Family
178
Multi-Family
0
Businesses
12
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