304 W Main St, Montezuma, IA, 50171 | Equity Gain $1,839/yr

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Price: $300K - 500K

Monthly Cash Flow: 1 - 3k+

Home Type: Single Family

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304 W Main St, Montezuma, IA, 50171 | Equity Gain $1,839/yr | Ziffy

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 Montezuma at 304 W Main St, Montezuma, IA, 50171 priced at $285,000 converts $0/mo rent into after a $1,395/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.6% in year one, and rental yield reads 0% against a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation compiles into $78,740 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $1,395/mo payment, not borrower’s personal income.

Single Family

Built in 1900

N/A lot

$N/A/sqft

No HOA

More details about the property

Spacious. Welcoming. Updated. Three simple words that can not be argued about what this awesome property has to offer. Enter the home from the 3 stall attached garage, you are welcomed into the large kitchen boasting a spacious sit down island and ample cupboard space along with plenty of pantry storage. The kitchen flows nicely to a good sized deck, a sunroom with great views of the nice back yard, as well as a dinning room/extended living room. There is a half bath with washer and dryer conveniently located off of the area as well. The large newly remodeled master bedroom with en suite bathroom completes the lower level. Upstairs you will find two more bedrooms and another full bath with a tub shower combo. Upper level furnace and a/c replaced spring of 2022, main furnace replaced fall of 2023, entire roof replaced fall of 2023, extensive radon mitigation fall of 2021. New flooring throughout and fresh paint. This home is ready to move in and call your own. Schedule a viewing today.