26 Westview Dr APT 9MilfordIA51351
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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 Milford at 26 Westview Dr APT 9, Milford, IA, 51351 priced at $158,000 pairs $1,796/mo rent with $645/mo cash flow after a $773/mo payment. Total monthly income equals $1,796/mo, and annual cash flow comes to $7,742/yr on $52,377 invested. Return on cash invested is 34.69% in year one, and rental yield stands at 13.64% on a $158,000 basis. Equity gained on principal adds $1,020/yr, and 5% annual appreciation accumulates to $43,652 by year five. Five-year ROI measures 183.63% and total cumulative return in cash reaches $96,178. For financing, Ziffy Mortgage’s DSCR program evaluates $1,796/mo property income against a $773/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 1993
3,920 sqft lot
$N/A/sqft
$125 monthly HOA
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Listed by: Mary Lynn Ingvall • Ingvall Real Estate Team
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250962
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.