320 Elm StMauriceIA51036
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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 Maurice at 320 Elm St, Maurice, IA, 51036 generates $1,624/mo in rent, after a $1,390/mo payment. Total monthly income is $1,624/mo. Return on cash invested sits at 17.1% in year one, and rental yield is 6.86% on a $284,000 entry. Equity gained on principal adds $1,833/yr, while 5% annual appreciation builds toward $78,464 over five years. Five-year ROI reaches 88.21% and total cumulative return in cash sums $83,045. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,624/mo property income rather than buyer’s personal income.
Single Family
Built in 1915
0.52 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51036, Maurice, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 256 (100%) |
| Owner Occupied HU | 222 (86.7%) |
| Renter Occupied HU | 23 ( 9.0%) |
| Vacant Housing Units | 11 ( 4.3%) |
| Median Home Value | $323,077 |
| Average Home Value | $357,196 |
Housing Distribution
Address Breakdown
Residential
171
Single Family
171
Multi-Family
0
Businesses
16
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