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Price: $300K - 500K
Monthly Cash Flow: 1 - 3k+
Home Type: Single Family
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A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
Rental property for sale in Adel at 217 N 6th St, Adel, IA, 50003 priced at $235,000 pairs $2,280/mo rent with $754/mo cash flow after a $1,150/mo payment. Total monthly income equals $2,280/mo, and annual cash flow comes to $9,048/yr on $77,903 invested. Return on cash invested is 31.52% in year one, and rental yield stands at 11.64% on a $235,000 basis. Equity gained on principal adds $1,516/yr, and 5% annual appreciation accumulates to $64,926 by year five. Five-year ROI measures 165.5% and total cumulative return in cash reaches $128,932. For financing, Ziffy Mortgage’s DSCR program evaluates $2,280/mo property income against a $1,150/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
Date | Event | Price |
|---|---|---|
| No price history data available | ||
Date | Tax Paid | Tax Increase Rate | Value | Value Increase Rate |
|---|---|---|---|---|
| No tax history data available | ||||
Listed by: John Daugherty • Platinum Realty LLC
Mls Name: DMMLS
Mls ID: #731520
