31241 290th StShell RockIA50670
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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 Shell Rock at 31241 290th St, Shell Rock, IA, 50670 generates $1,133/mo in rent, after a $1,525/mo payment. Total monthly income is $1,133/mo. Return on cash invested sits at 9.56% in year one, and rental yield is 4.36% on a $311,600 entry. Equity gained on principal adds $2,011/yr, while 5% annual appreciation builds toward $86,089 over five years. Five-year ROI reaches 47.79% and total cumulative return in cash sums $49,362. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,133/mo property income rather than buyer’s personal income.
Single Family
Built in 1977
1.73 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50670, Shell Rock, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 887 (100%) |
| Owner Occupied HU | 676 (76.2%) |
| Renter Occupied HU | 136 (15.3%) |
| Vacant Housing Units | 75 ( 8.5%) |
| Median Home Value | $188,462 |
| Average Home Value | $225,226 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
568
Multi-Family
51
Businesses
44
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Listed by: N/A • N/A
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