270th AveWeldonIA50264
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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 Weldon at 270th Ave, Weldon, IA, 50264 priced at $560,000 converts $1,021/mo rent into after a $2,741/mo obligation. Total monthly income equals $1,021/mo. Return on cash invested prints 3.02% in year one, and rental yield reads 2.19% against a $560,000 entry. Equity gained on principal adds $3,614/yr, while 5% annual appreciation compiles into $154,718 by year five. Five-year ROI reaches 12.65% and total cumulative return in cash sums $23,309. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,021/mo property income covering a $2,741/mo payment, not borrower’s personal income.
Single Family
Built in N/A
80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50264, Weldon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 207 (100%) |
| Owner Occupied HU | 163 (78.7%) |
| Renter Occupied HU | 27 (13.0%) |
| Vacant Housing Units | 17 ( 8.2%) |
| Median Home Value | $210,135 |
| Average Home Value | $302,975 |
Housing Distribution
Address Breakdown
Residential
175
Single Family
175
Multi-Family
0
Businesses
11
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