32519 510th StRussellIA50238
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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 Russell at 32519 510th St, Russell, IA, 50238 offers a 0.89% rental yield on a $1,694,550 purchase with $1,255/mo rent. 94% in year one. Equity gained on principal adds $10,935/yr while 5% annual appreciation supports $468,173 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,255/mo property income against a $8,294/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
237 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50238, Russell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 383 (75.2%) |
| Renter Occupied HU | 59 (11.6%) |
| Vacant Housing Units | 67 (13.2%) |
| Median Home Value | $84,375 |
| Average Home Value | $145,202 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
14
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Listed by: Adam Curran • Peoples Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #695992
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.