2301 Chan DrAdelIA50003
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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 Adel at 2301 Chan Dr, Adel, IA, 50003 uses $127,594 cash to close to unlock $3,354/yr annual cash flow and $279/mo monthly cash flow. Total monthly income runs $2,796/mo, and a $1,884/mo payment keeps the spread at $279/mo. Purchase price stands at $384,900, and rental yield measures 8.72% with $2,796/mo rent. Return on cash invested shows 22.54% in year one, and 5% annual appreciation builds toward $106,341 over five years. Five-year ROI reaches 117.4% and total cumulative return in cash records $149,799. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,796/mo property income covering a $1,884/mo payment rather than investor’s personal income.
Single Family
Built in 2025
5,227 sqft lot
$N/A/sqft
$200 annually HOA
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Listed by: Missy Pattee • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #729964
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.