315 Weyrauch RdIowa FallsIA50126
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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 Iowa Falls at 315 Weyrauch Rd, Iowa Falls, IA, 50126 priced at $142,900 converts $780/mo rent into after a $699/mo obligation. Total monthly income equals $780/mo. Return on cash invested prints 16.17% in year one, and rental yield reads 6.55% against a $142,900 entry. Equity gained on principal adds $922/yr, while 5% annual appreciation compiles into $39,481 by year five. Five-year ROI reaches 83.26% and total cumulative return in cash sums $39,441. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $780/mo property income covering a $699/mo payment, not borrower’s personal income.
Single Family
Built in 1973
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50126, Iowa Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,928 (62.2%) |
| Renter Occupied HU | 779 (25.1%) |
| Vacant Housing Units | 391 (12.6%) |
| Median Home Value | $134,118 |
| Average Home Value | $157,281 |
Housing Distribution
Address Breakdown
Residential
2,960
Single Family
2,739
Multi-Family
221
Businesses
386
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Listed by: Jason Jedele • Homestead Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6332996