255 W 3rd StGarnerIA50438
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Garner at 255 W 3rd St, Garner, IA, 50438 with 5% annual appreciation on a $141,000 basis while $1,663/mo rent supports operations. Total monthly income totals $1,663/mo and a $690/mo payment preserves $747/mo for cash returns. Annual cash flow comes to $8,969/yr on $46,742 deployed, and return on cash invested reaches 39.1% in year one. Equity gained on principal adds $910/yr, and five-year appreciation sums $38,956 alongside rental yield of 14.15%. Five-year ROI measures 206.18% and total cumulative return in cash totals $96,372.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,663/mo property income versus a $690/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1952
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tanya S Kirschbaum-Conley • Lakeside Brokers
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6320269
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.