2524 McKinley StPerryIA50220
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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 Perry at 2524 McKinley St, Perry, IA, 50220 at $149,000 posts ROI 31.88% with $493/mo cash flow from $1,460/mo rent. Total monthly income equals $1,460/mo, and annual cash flow records $5,911/yr on $49,394 to close. Return on cash invested measures 31.88% and rental yield reads 11.76% at the current $149,000. Equity gained on principal adds $961/yr, and 5% annual appreciation supports $41,166 by year five. Five-year ROI prints 167.45% and total cumulative return in cash totals $82,708.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,460/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1900
10,206 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50220, Perry, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,230 (57.3%) |
| Renter Occupied HU | 1,341 (34.4%) |
| Vacant Housing Units | 324 ( 8.3%) |
| Median Home Value | $156,877 |
| Average Home Value | $239,574 |
Housing Distribution
Address Breakdown
Residential
3,589
Single Family
3,276
Multi-Family
313
Businesses
295
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Listed by: Adam Bugbee • EXP Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #708488
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.