2502 Chan DrAdelIA50003
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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 Adel at 2502 Chan Dr, Adel, IA, 50003 generates $2,639/mo in rent and, after a $1,635/mo payment, leaves $470/mo in cash flow. Total monthly income is $2,639/mo, and annual cash flow is $5,635/yr on $110,718 invested. Return on cash invested sits at 25% in year one, and rental yield is 9.48% on a $333,990 entry. Equity gained on principal adds $2,155/yr, while 5% annual appreciation builds toward $92,275 over five years. Five-year ROI reaches 130.54% and total cumulative return in cash sums $144,531. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,639/mo property income rather than buyer’s personal income.
Single Family
Built in 2024
5,227 sqft lot
$N/A/sqft
No HOA
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Listed by: Kathryn Greer • DRH Realty of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #703552
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.