3155 Indian Point DrEllstonIA50074
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Rental property for sale in Ellston at 3155 Indian Point Dr, Ellston, IA, 50074 priced at $699,900 converts $0/mo rent into after a $3,426/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.63% in year one, and rental yield reads 0% against a $699,900 entry. Equity gained on principal adds $4,516/yr, while 5% annual appreciation compiles into $193,369 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $3,426/mo payment, not borrower’s personal income.
Single Family
Built in 2009
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50074, Ellston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 597 (100%) |
| Owner Occupied HU | 143 (24.0%) |
| Renter Occupied HU | 23 ( 3.9%) |
| Vacant Housing Units | 431 (72.2%) |
| Median Home Value | $378,333 |
| Average Home Value | $496,014 |
Housing Distribution
Address Breakdown
Residential
165
Single Family
165
Multi-Family
0
Businesses
14
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices