345 S Atkinson St, Truro, IA, 50257 | $233/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Truro at 345 S Atkinson St, Truro, IA, 50257 priced at $185,000 converts $1,434/mo rent into $233/mo cash flow after a $905/mo obligation. Total monthly income equals $1,434/mo, and annual cash flow totals $2,796/yr on $61,328 invested. Return on cash invested prints 24.47% in year one, and rental yield reads 9.3% against a $185,000 entry. Equity gained on principal adds $1,194/yr, while 5% annual appreciation compiles into $51,112 by year five. Five-year ROI reaches 127.68% and total cumulative return in cash sums $78,303. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,434/mo property income covering a $905/mo payment, not borrower’s personal income.

Single Family

Built in 2001

8,581 sqft lot

$N/A/sqft

No HOA

More details about the property

Step inside and instantly feel at home in this updated 4-bedroom, 2-bath property in Truro, located in the highly desired I-35 School District. Fresh paint and brand-new carpet throughout create a warm, inviting feel, while the oversized, open kitchen offers great counter space, ample storage, and stainless-steel appliances that stay. The spacious living room is perfect for gatherings or unwinding after a long day, and the primary bedroom provides a true retreat with two walk-in closets. Main-level laundry with the washer and dryer included adds everyday convenience, and the brand-new decks offer ideal spaces for morning coffee, grilling, or relaxing outdoors. Thoughtfully updated and move-in ready, this home delivers comfortable small-town living with easy access to local amenities and a convenient commute.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50257, Truro, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	450 (100%)
Owner Occupied HU	353 (78.4%)
Renter Occupied HU	66 (14.7%)
Vacant Housing Units	31 ( 6.9%)
Median Home Value	$239,615
Average Home Value	$480,623