314 N Northfield StMediapolisIA52637
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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 Mediapolis at 314 N Northfield St, Mediapolis, IA, 52637 priced at $125,000 converts $468/mo rent into after a $612/mo obligation. Total monthly income equals $468/mo. Return on cash invested prints 9.95% in year one, and rental yield reads 4.49% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 49.79% and total cumulative return in cash sums $20,633. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $468/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.45 Acres lot
$N/A/sqft
No HOA
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Listed by: Ken Sutton • RE/MAX Real Estate Specialists
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321672
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