28 12th Ave SE, Oelwein, IA, 50662 | $105/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Oelwein at 28 12th Ave SE, Oelwein, IA, 50662 generates $1,306/mo in rent and, after a $905/mo payment, leaves $105/mo in cash flow. Total monthly income is $1,306/mo, and annual cash flow is $1,262/yr on $61,294 invested. Return on cash invested sits at 21.97% in year one, and rental yield is 8.48% on a $184,900 entry. Equity gained on principal adds $1,193/yr, while 5% annual appreciation builds toward $51,084 over five years. Five-year ROI reaches 114.36% and total cumulative return in cash sums $70,099. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,306/mo property income rather than buyer’s personal income.

Single Family

Built in 1963

9,147 sqft lot

$N/A/sqft

No HOA