24313 County Highway D41EldoraIA50627
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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
Rental property for sale in Eldora at 24313 County Highway D41, Eldora, IA, 50627 generates $600/mo in rent, after a $2,202/mo payment. Total monthly income is $600/mo. Return on cash invested sits at 1.22% in year one, and rental yield is 1.6% on a $449,800 entry. Equity gained on principal adds $2,902/yr, while 5% annual appreciation builds toward $124,271 over five years. Five-year ROI reaches 3.07% and total cumulative return in cash sums $4,575. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $600/mo property income rather than buyer’s personal income.
Single Family
Built in 1877
4 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: Jason Fults • Homestead Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328351
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.