309 E Garfield StLaurensIA50554
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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 Laurens at 309 E Garfield St, Laurens, IA, 50554 earns $549/mo cash flow from $2,328/mo rent with a $1,341/mo payment. Total monthly income totals $2,328/mo, and annual cash flow totals $6,583/yr on $90,831 capital. ROI tracks 27.16% on current figures, and rental yield reads 10.2% at a $274,000 purchase. Equity gained on principal adds $1,768/yr, and 5% annual appreciation supports $75,701 over five years. Five-year ROI reaches 142.11% and total cumulative return in cash sums $129,081. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,328/mo property income instead of your personal income.
Single Family
Built in 1966
1.47 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50554, Laurens, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 864 (100%) |
| Owner Occupied HU | 526 (60.9%) |
| Renter Occupied HU | 187 (21.6%) |
| Vacant Housing Units | 151 (17.5%) |
| Median Home Value | $99,130 |
| Average Home Value | $139,468 |
Housing Distribution
Address Breakdown
Residential
748
Single Family
730
Multi-Family
18
Businesses
65
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Listed by: Andrea Larson • Midwest Land Group, LLC
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828813
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.