3174 Iowa Highway 21ElberonIA52225
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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
Investment property for sale in Elberon at 3174 Iowa Highway 21, Elberon, IA, 52225 listed at $375,000 pairs $1,561/mo rent with a $1,835/mo payment. Total monthly income runs $1,561/mo. Return on cash invested measures 11.47% in year one, and rental yield registers 5% at a $375,000 basis. Equity gained on principal adds $2,420/yr, and annual property appreciation at 5% supports $103,606 by year five. Five-year ROI tracks 57.99% and total cumulative return in cash totals $72,087. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,561/mo property income relative to a $1,835/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1924
1.95 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52225, Elberon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 198 (100%) |
| Owner Occupied HU | 141 (71.2%) |
| Renter Occupied HU | 29 (14.6%) |
| Vacant Housing Units | 28 (14.1%) |
| Median Home Value | $154,167 |
| Average Home Value | $202,057 |
Housing Distribution
Address Breakdown
Residential
134
Single Family
134
Multi-Family
0
Businesses
7
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Listed by: Amber McLeod • McLeod Home Team Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406904
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.