265/275 Burlington AveMartensdaleIA50160
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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 Martensdale at 265/275 Burlington Ave, Martensdale, IA, 50160 offers a 7.25% rental yield on a $219,000 purchase with $1,324/mo rent. 28% in year one. Equity gained on principal adds $1,413/yr while 5% annual appreciation supports $60,506 over five years. Portfolio math shows five-year ROI at 94.53% and total cumulative return in cash at $68,625. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,324/mo property income against a $1,072/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1970
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50160, Martensdale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 200 (100%) |
| Owner Occupied HU | 163 (81.5%) |
| Renter Occupied HU | 27 (13.5%) |
| Vacant Housing Units | 10 ( 5.0%) |
| Median Home Value | $324,194 |
| Average Home Value | $382,853 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
19
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Listed by: Cathy M. Hommer • Iowa Realty Indianola
Mls Name: DMMLS
Mls ID: #725066