3446 115th StRandolphIA51649
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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 Randolph at 3446 115th St, Randolph, IA, 51649 generates $2,233/mo in rent, after a $2,721/mo payment. Total monthly income is $2,233/mo. Return on cash invested sits at 11.02% in year one, and rental yield is 4.82% on a $555,900 entry. Equity gained on principal adds $3,587/yr, while 5% annual appreciation builds toward $153,585 over five years. Five-year ROI reaches 55.56% and total cumulative return in cash sums $101,618. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,233/mo property income rather than buyer’s personal income.
Single Family
Built in 1960
39 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51649, Randolph, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 116 (73.0%) |
| Renter Occupied HU | 27 (17.0%) |
| Vacant Housing Units | 16 (10.1%) |
| Median Home Value | $258,824 |
| Average Home Value | $342,241 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
7
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