3190 Mormon TrlEllstonIA50074
Nearby investment properties with comparable rents
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 3190 Mormon Trl, Ellston, IA, 50074 generates $2,004/mo in rent, after a $2,031/mo payment. Total monthly income is $2,004/mo. Return on cash invested sits at 13.15% in year one, and rental yield is 5.79% on a $415,000 entry. Equity gained on principal adds $2,678/yr, while 5% annual appreciation builds toward $114,657 over five years. Five-year ROI reaches 67.29% and total cumulative return in cash sums $92,577. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,004/mo property income rather than buyer’s personal income.
Manufactured
Built in 2000
0.49 Acres lot
$N/A/sqft
$1,000 annually 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
Nearby investment properties with comparable prices
Listed by: Natalie Lyons • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #700079
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.