3214 Indian Point DrEllstonIA50074
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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 Ellston at 3214 Indian Point Dr, Ellston, IA, 50074 priced at $725,000 pairs $2,522/mo rent with after a $3,549/mo payment. Total monthly income equals $2,522/mo. Return on cash invested is 8.64% in year one, and rental yield stands at 4.17% on a $725,000 basis. Equity gained on principal adds $4,678/yr, and 5% annual appreciation accumulates to $200,304 by year five. Five-year ROI measures 42.93% and total cumulative return in cash reaches $102,389. For financing, Ziffy Mortgage’s DSCR program evaluates $2,522/mo property income against a $3,549/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
0.29 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
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Listed by: Cherri Vos • Saylor Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6310512
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.