305 E 3rd StEverlyIA51338
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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 Everly at 305 E 3rd St, Everly, IA, 51338 listed at $142,000 pairs $1,141/mo rent with a $695/mo payment to leave $219/mo cash flow. Total monthly income runs $1,141/mo, and annual cash flow reaches $2,626/yr on $47,073 cash to close. Return on cash invested measures 25.49% in year one, and rental yield registers 9.64% at a $142,000 basis. Equity gained on principal adds $916/yr, and annual property appreciation at 5% supports $39,232 by year five. Five-year ROI tracks 133.15% and total cumulative return in cash totals $62,678. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,141/mo property income relative to a $695/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1920
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51338, Everly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 452 (100%) |
| Owner Occupied HU | 339 (75.0%) |
| Renter Occupied HU | 77 (17.0%) |
| Vacant Housing Units | 36 ( 8.0%) |
| Median Home Value | $255,303 |
| Average Home Value | $317,625 |
Housing Distribution
Address Breakdown
Residential
235
Single Family
235
Multi-Family
0
Businesses
20
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Listed by: Kelly Bierl • Hometown Realty
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #241135
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.