3017 118th StAmanaIA52203
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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 Amana at 3017 118th St, Amana, IA, 52203 listed at $195,000 pairs $1,490/mo rent with a $954/mo payment to leave $224/mo cash flow. Total monthly income runs $1,490/mo, and annual cash flow reaches $2,688/yr on $64,643 cash to close. Return on cash invested measures 24.07% in year one, and rental yield registers 9.17% at a $195,000 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,875 by year five. Five-year ROI tracks 125.52% and total cumulative return in cash totals $81,142. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,490/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2005
0.95 Acres lot
$N/A/sqft
No HOA
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Listed by: Mack Pilarczyk • Keller Williams Legacy Group
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202504016
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.