2489 290th AveTerrilIA51364
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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 Terril at 2489 290th Ave, Terril, IA, 51364 earns from $0/mo rent with a $1,982/mo payment. Total monthly income totals $0/mo. ROI tracks -3.6% on current figures, and rental yield reads 0% at a $405,000 purchase. Equity gained on principal adds $2,613/yr, and 5% annual appreciation supports $111,894 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1900
7.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51364, Terril, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 373 (100%) |
| Owner Occupied HU | 274 (73.5%) |
| Renter Occupied HU | 46 (12.3%) |
| Vacant Housing Units | 53 (14.2%) |
| Median Home Value | $364,045 |
| Average Home Value | $452,847 |
Housing Distribution
Address Breakdown
Residential
174
Single Family
174
Multi-Family
0
Businesses
15
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No similar rental properties found nearby.
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Listed by: Tammy Fredericksen • EXIT Realty Midwest
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250370
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