325 E Elm StStrawberry PointIA52076
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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 Strawberry Point at 325 E Elm St, Strawberry Point, IA, 52076 priced at $170,000 converts $1,304/mo rent into $200/mo cash flow after a $832/mo obligation. Total monthly income equals $1,304/mo, and annual cash flow totals $2,400/yr on $56,355 invested. Return on cash invested prints 24.17% in year one, and rental yield reads 9.2% against a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation compiles into $46,968 by year five. Five-year ROI reaches 126.07% and total cumulative return in cash sums $71,049. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,304/mo property income covering a $832/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52076, Strawberry Point, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 965 (100%) |
| Owner Occupied HU | 659 (68.3%) |
| Renter Occupied HU | 207 (21.5%) |
| Vacant Housing Units | 99 (10.3%) |
| Median Home Value | $164,219 |
| Average Home Value | $210,015 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
635
Multi-Family
35
Businesses
73
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Listed by: Randy Willie • Allen Real Estate Company, LLC
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251812
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 2025-04-30 12:27:17 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.