308 Nevada StGliddenIA51443
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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 Glidden at 308 Nevada St, Glidden, IA, 51443 generates $1,528/mo in rent and, after a $984/mo payment, leaves $222/mo in cash flow. Total monthly income is $1,528/mo, and annual cash flow is $2,669/yr on $66,632 invested. Return on cash invested sits at 23.91% in year one, and rental yield is 9.12% on a $201,000 entry. Equity gained on principal adds $1,297/yr, while 5% annual appreciation builds toward $55,533 over five years. Five-year ROI reaches 124.75% and total cumulative return in cash sums $83,122. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,528/mo property income rather than buyer’s personal income.
Single Family
Built in 1978
10,280 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51443, Glidden, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 787 (100%) |
| Owner Occupied HU | 586 (74.5%) |
| Renter Occupied HU | 131 (16.6%) |
| Vacant Housing Units | 70 ( 8.9%) |
| Median Home Value | $232,813 |
| Average Home Value | $380,009 |
Housing Distribution
Address Breakdown
Residential
552
Single Family
552
Multi-Family
0
Businesses
56
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Listed by: Brauckman, Latrice • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #717994
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.