305 E Southern StSutherlandIA51058
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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
Rental property for sale in Sutherland at 305 E Southern St, Sutherland, IA, 51058 priced at $191,000 pairs $1,025/mo rent with after a $935/mo payment. Total monthly income equals $1,025/mo. Return on cash invested is 15.82% in year one, and rental yield stands at 6.44% on a $191,000 basis. Equity gained on principal adds $1,232/yr, and 5% annual appreciation accumulates to $52,770 by year five. Five-year ROI measures 81.37% and total cumulative return in cash reaches $51,518. For financing, Ziffy Mortgage’s DSCR program evaluates $1,025/mo property income against a $935/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.68 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51058, Sutherland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 499 (100%) |
| Owner Occupied HU | 350 (70.1%) |
| Renter Occupied HU | 75 (15.0%) |
| Vacant Housing Units | 74 (14.8%) |
| Median Home Value | $109,000 |
| Average Home Value | $156,679 |
Housing Distribution
Address Breakdown
Residential
333
Single Family
319
Multi-Family
14
Businesses
37
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Listed by: Stacey Zimmer • J & K Real Estate
Mls Name: My State MLS
Mls ID: #11550792