218 Harvest LnShell RockIA50670
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
Total monthly income runs $1,781/mo, and a $1,882/mo payment. Purchase price stands at $384,500, and rental yield measures 5.56% with $1,781/mo rent. Return on cash invested shows 13.17% in year one, and 5% annual appreciation builds toward $106,230 over five years. Five-year ROI reaches 67.09% and total cumulative return in cash records $85,509. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,781/mo property income covering a $1,882/mo payment rather than investor’s personal income.
Townhouse
Built in 2022
9,496 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50670, Shell Rock, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 887 (100%) |
| Owner Occupied HU | 676 (76.2%) |
| Renter Occupied HU | 136 (15.3%) |
| Vacant Housing Units | 75 ( 8.5%) |
| Median Home Value | $188,462 |
| Average Home Value | $225,226 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
568
Multi-Family
51
Businesses
44
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joyce Harrenstein • Schuck Realty Company
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254063