305 8th AveSullyIA50251
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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 Sully at 305 8th Ave, Sully, IA, 50251 offers a 0% rental yield on a $354,900 purchase with $0/mo rent. 6% in year one. Equity gained on principal adds $2,290/yr while 5% annual appreciation supports $98,052 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,737/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1983
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50251, Sully, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 567 (100%) |
| Owner Occupied HU | 447 (78.8%) |
| Renter Occupied HU | 90 (15.9%) |
| Vacant Housing Units | 30 ( 5.3%) |
| Median Home Value | $215,678 |
| Average Home Value | $279,223 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
73
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No similar rental properties found nearby.
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Listed by: Robin Marcinik • Grinnell Realty LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6323869
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.