24964 288th Trl, Adel, IA, 50003 | $155/mo Cash Flow

Save Search

Filters Applied

EditEdit Filters

Filters Applied:

Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

EditEdit Filters

24964 288th Trl, Adel, IA, 50003 | $155/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

Get Pre-Approved

Nearby investment properties with comparable rents

6 Bed
6 Bath
4126 sft

30196 Old Portland Rd, Adel, IA, 50003

3 Bed
3 Bath
1740 sft

1813 Maple Ct, Winterset, IA, 50273

4 Bed
4 Bath
2412 sft

35373 L Ave, Earlham, IA, 50072

5 Bed
4 Bath
1972 sft

1103 170th St, Dexter, IA, 50070

Nearby investment properties with comparable prices

5 Bed
4 Bath
2229 sft

1795 Millstream Ct, Winterset, IA, 50273

2 Bed
3 Bath
1262 sft

2821 Abilene Ave, Redfield, IA, 50233

3 Bed
3 Bath
1648 sft

30337 Kasten Ridge Ln, Adel, IA, 50003

4 Bed
4 Bath
2240 sft

23897 Glenwood Cir, Adel, IA, 50003

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

Explore more listings using simple english

Investment Highlights

Investment property for sale in Adel at 24964 288th Trl, Adel, IA, 50003 uses $208,915 cash to close to unlock $1,860/yr annual cash flow and $155/mo monthly cash flow. Total monthly income runs $4,279/mo, and a $3,108/mo payment keeps the spread at $155/mo. Purchase price stands at $635,000, and rental yield measures 8.09% with $4,279/mo rent. Return on cash invested shows 20.95% in year one, and 5% annual appreciation builds toward $175,439 over five years. Five-year ROI reaches 108.79% and total cumulative return in cash records $227,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $4,279/mo property income covering a $3,108/mo payment rather than investor’s personal income.

Single Family

Built in 2013

1.79 Acres lot

$N/A/sqft

No HOA

More details about the property

Discover exceptional space and potential in this custom-built Adel acreage. With over 3,000 sq ft on the main and upper levels plus another 3,000+ sq ft in the walkout lower level, this home offers incredible room to grow. The second floor features brand-new carpet, while the main level showcases an open layout perfect for entertaining and everyday living. The lower level is ready for finishing touches, some drywall repair is needed in a bedroom and bathroom, and carpet throughout after what appears to have been a waterline leak. A few rooms throughout the home could use fresh paint, offering the chance to personalize and add a ton of value. Assessed at $873,000 and listed for $635,000, this property is priced with equity in mind - an outstanding opportunity for buyers seeking space, location, and value in one.