2928 Primrose LnPellaIA50219
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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 Pella at 2928 Primrose Ln, Pella, IA, 50219 listed at $400,000 pairs $3,212/mo rent with a $1,958/mo payment to leave $597/mo cash flow. Total monthly income runs $3,212/mo, and annual cash flow reaches $7,168/yr on $132,600 cash to close. Return on cash invested measures 25.31% in year one, and rental yield registers 9.64% at a $400,000 basis. Equity gained on principal adds $2,581/yr, and annual property appreciation at 5% supports $110,513 by year five. Five-year ROI tracks 132.3% and total cumulative return in cash totals $175,432. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $3,212/mo property income relative to a $1,958/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2023
5,662 sqft lot
$N/A/sqft
$200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
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Listed by: Lauri Amelse • Century 21 Signature
Mls Name: DMMLS
Mls Provider:
Mls ID: #727843
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.