26782 600th StPalmerIA50571
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 Palmer at 26782 600th St, Palmer, IA, 50571 offers a 8.56% rental yield on a $235,000 purchase with $1,676/mo rent. Total monthly income registers $1,676/mo, and a $1,150/mo payment leaves $150/mo available for distribution. Annual cash flow reaches $1,800/yr on $77,903 to close, and return on cash invested stands at 22.22% in year one. Equity gained on principal adds $1,516/yr while 5% annual appreciation supports $64,926 over five years. Portfolio math shows five-year ROI at 115.61% and total cumulative return in cash at $90,064. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,676/mo property income against a $1,150/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1952
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50571, Palmer, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 214 (100%) |
| Owner Occupied HU | 142 (66.4%) |
| Renter Occupied HU | 21 ( 9.8%) |
| Vacant Housing Units | 51 (23.8%) |
| Median Home Value | $162,500 |
| Average Home Value | $197,377 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
13
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