295 W 5th StGarnerIA50438
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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 Garner at 295 W 5th St, Garner, IA, 50438 uses $51,383 cash to close to unlock $12,276/yr annual cash flow and $1,023/mo monthly cash flow. Total monthly income runs $2,030/mo, and a $759/mo payment keeps the spread at $1,023/mo. Purchase price stands at $155,000, and rental yield measures 15.72% with $2,030/mo rent. Return on cash invested shows 43.8% in year one, and 5% annual appreciation builds toward $42,824 over five years. Five-year ROI reaches 231.35% and total cumulative return in cash records $118,876. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,030/mo property income covering a $759/mo payment rather than investor’s personal income.
Single Family
Built in 1900
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Jill M Kramer • Lakeside Brokers
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6330687
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.