2242 Ira AveEarlyIA50535
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
Investment property for sale in Early at 2242 Ira Ave, Early, IA, 50535 earns $40/mo cash flow from $1,177/mo rent with a $857/mo payment. Total monthly income totals $1,177/mo, and annual cash flow totals $480/yr on $58,013 capital. ROI tracks 20.74% on current figures, and rental yield reads 8.07% at a $175,000 purchase. Equity gained on principal adds $1,129/yr, and 5% annual appreciation supports $48,349 over five years. Five-year ROI reaches 107.68% and total cumulative return in cash sums $62,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,177/mo property income instead of your personal income.
Single Family
Built in 1900
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50535, Early, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 416 (100%) |
| Owner Occupied HU | 281 (67.5%) |
| Renter Occupied HU | 86 (20.7%) |
| Vacant Housing Units | 49 (11.8%) |
| Median Home Value | $141,071 |
| Average Home Value | $214,600 |
Housing Distribution
Address Breakdown
Residential
218
Single Family
218
Multi-Family
0
Businesses
16
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices