234 Myrtle StCrestonIA50801
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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 Creston at 234 Myrtle St, Creston, IA, 50801 earns $3/mo cash flow from $899/mo rent with a $675/mo payment. Total monthly income totals $899/mo, and annual cash flow totals $38/yr on $45,747 capital. ROI tracks 19.99% on current figures, and rental yield reads 7.82% at a $138,000 purchase. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 over five years. Five-year ROI reaches 103.78% and total cumulative return in cash sums $47,478. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $899/mo property income instead of your personal income.
Single Family
Built in 1905
6,969 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
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