311 W Church StGilmanIA50106
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Nearby investment properties with comparable prices
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 Gilman at 311 W Church St, Gilman, IA, 50106 at $120,000 posts ROI 44.04% with $800/mo cash flow from $1,579/mo rent. Total monthly income equals $1,579/mo, and annual cash flow records $9,600/yr on $39,780 to close. Return on cash invested measures 44.04% and rental yield reads 15.79% at the current $120,000. Equity gained on principal adds $774/yr, and 5% annual appreciation supports $33,154 by year five. Five-year ROI prints 232.63% and total cumulative return in cash totals $92,539.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,579/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1916
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50106, Gilman, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 467 (100%) |
| Owner Occupied HU | 339 (72.6%) |
| Renter Occupied HU | 92 (19.7%) |
| Vacant Housing Units | 36 ( 7.7%) |
| Median Home Value | $159,052 |
| Average Home Value | $213,142 |
Housing Distribution
Address Breakdown
Residential
359
Single Family
359
Multi-Family
0
Businesses
17
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Listed by: Samantha Vance • 1st Rate Real Estate
Mls Name: CIBR
Mls Provider:
Mls ID: #67598
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. Data is deemed reliable but not accurate.