218 Chestnut StMiloIA50166
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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
Investment property for sale in Milo at 218 Chestnut St, Milo, IA, 50166 at $216,000 posts ROI 21.37% with $87/mo cash flow from $1,490/mo rent. Total monthly income equals $1,490/mo, and annual cash flow records $1,049/yr on $71,604 to close. Return on cash invested measures 21.37% and rental yield reads 8.28% at the current $216,000. Equity gained on principal adds $1,394/yr, and 5% annual appreciation supports $59,677 by year five. Five-year ROI prints 111.13% and total cumulative return in cash totals $79,575.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,490/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50166, Milo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 676 (100%) |
| Owner Occupied HU | 545 (80.6%) |
| Renter Occupied HU | 87 (12.9%) |
| Vacant Housing Units | 44 ( 6.5%) |
| Median Home Value | $250,301 |
| Average Home Value | $313,725 |
Housing Distribution
Address Breakdown
Residential
574
Single Family
574
Multi-Family
0
Businesses
25
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