231 Britson CirRolandIA50236
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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 Roland at 231 Britson Cir, Roland, IA, 50236 uses $81,218 cash to close to unlock $6,984/yr annual cash flow and $582/mo monthly cash flow. Total monthly income runs $2,173/mo, and a $1,199/mo payment keeps the spread at $582/mo. Purchase price stands at $245,000, and rental yield measures 10.64% with $2,173/mo rent. Return on cash invested shows 28.51% in year one, and 5% annual appreciation builds toward $67,689 over five years. Five-year ROI reaches 149.35% and total cumulative return in cash records $121,296. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,173/mo property income covering a $1,199/mo payment rather than investor’s personal income.
Single Family
Built in 1975
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50236, Roland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 648 (100%) |
| Owner Occupied HU | 531 (81.9%) |
| Renter Occupied HU | 83 (12.8%) |
| Vacant Housing Units | 34 ( 5.2%) |
| Median Home Value | $325,000 |
| Average Home Value | $341,083 |
Housing Distribution
Address Breakdown
Residential
411
Single Family
391
Multi-Family
20
Businesses
33
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Listed by: Lara Hallgrimsdottir • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #66752
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.