305 S Russell StFarmersburgIA52047
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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 Farmersburg at 305 S Russell St, Farmersburg, IA, 52047 offers a 9.17% rental yield on a $139,000 purchase with $1,062/mo rent. Total monthly income registers $1,062/mo, and a $680/mo payment leaves $160/mo available for distribution. Annual cash flow reaches $1,915/yr on $46,079 to close, and return on cash invested stands at 24.07% in year one. Equity gained on principal adds $897/yr while 5% annual appreciation supports $38,403 over five years. Portfolio math shows five-year ROI at 125.57% and total cumulative return in cash at $57,860. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,062/mo property income against a $680/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52047, Farmersburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 285 (100%) |
| Owner Occupied HU | 196 (68.8%) |
| Renter Occupied HU | 47 (16.5%) |
| Vacant Housing Units | 42 (14.7%) |
| Median Home Value | $130,000 |
| Average Home Value | $194,133 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
5
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Listed by: Kurt Clements • ListWithFreedom.com
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20255153