23010 O AveEldoraIA50627
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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 Eldora at 23010 O Ave, Eldora, IA, 50627 uses $130,943 cash to close to unlock $1,488/yr annual cash flow and $124/mo monthly cash flow. Total monthly income runs $2,689/mo, and a $1,933/mo payment keeps the spread at $124/mo. Purchase price stands at $395,000, and rental yield measures 8.17% with $2,689/mo rent. Return on cash invested shows 21.05% in year one, and 5% annual appreciation builds toward $109,131 over five years. Five-year ROI reaches 109.33% and total cumulative return in cash records $143,154. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,689/mo property income covering a $1,933/mo payment rather than investor’s personal income.
Single Family
Built in 2021
10.84 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50627, Eldora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,579 (100%) |
| Owner Occupied HU | 997 (63.1%) |
| Renter Occupied HU | 372 (23.6%) |
| Vacant Housing Units | 210 (13.3%) |
| Median Home Value | $147,877 |
| Average Home Value | $198,348 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,352
Multi-Family
64
Businesses
143
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Listed by: Lisa J Renaud • Ferris Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327251
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.