3200 Okoboji Ave #128MilfordIA51351
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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 Milford at 3200 Okoboji Ave #128, Milford, IA, 51351 earns from $954/mo rent with a $918/mo payment. Total monthly income totals $954/mo. ROI tracks 14.81% on current figures, and rental yield reads 6.11% at a $187,500 purchase. Equity gained on principal adds $1,210/yr, and 5% annual appreciation supports $51,803 over five years. Five-year ROI reaches 75.9% and total cumulative return in cash sums $47,179. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $954/mo property income instead of your personal income.
Manufactured
Built in 2020
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Amanda Lippon • Jensen Real Estate
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250824
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