26 Elmwood DrMapletonIA51034
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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
Rental property for sale in Mapleton at 26 Elmwood Dr, Mapleton, IA, 51034 priced at $209,200 converts $1,511/mo rent into $152/mo cash flow after a $1,024/mo obligation. Total monthly income equals $1,511/mo, and annual cash flow totals $1,827/yr on $69,350 invested. Return on cash invested prints 22.54% in year one, and rental yield reads 8.67% against a $209,200 entry. Equity gained on principal adds $1,350/yr, while 5% annual appreciation compiles into $57,798 by year five. Five-year ROI reaches 117.43% and total cumulative return in cash sums $81,436. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,511/mo property income covering a $1,024/mo payment, not borrower’s personal income.
Single Family
Built in 1975
10,585 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51034, Mapleton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 822 (100%) |
| Owner Occupied HU | 571 (69.5%) |
| Renter Occupied HU | 153 (18.6%) |
| Vacant Housing Units | 98 (11.9%) |
| Median Home Value | $132,721 |
| Average Home Value | $185,473 |
Housing Distribution
Address Breakdown
Residential
739
Single Family
728
Multi-Family
11
Businesses
76
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