3200 Okoboji Ave #89MilfordIA51351
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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
Total monthly income runs $954/mo, and a $832/mo payment. Purchase price stands at $169,900, and rental yield measures 6.74% with $954/mo rent. Return on cash invested shows 16.72% in year one, and 5% annual appreciation builds toward $46,940 over five years. Five-year ROI reaches 86.21% and total cumulative return in cash records $48,554. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $954/mo property income covering a $832/mo payment rather than investor’s personal income.
Manufactured
Built in 2016
N/A lot
$N/A/sqft
No HOA
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Listed by: Brandon Visser • Keller Williams Okoboji
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250173
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