35895 Laser RdEdgewoodIA52035
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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 Edgewood at 35895 Laser Rd, Edgewood, IA, 52035 generates $1,511/mo in rent and, after a $954/mo payment, leaves $245/mo in cash flow. Total monthly income is $1,511/mo, and annual cash flow is $2,940/yr on $64,643 invested. Return on cash invested sits at 24.46% in year one, and rental yield is 9.3% on a $195,000 entry. Equity gained on principal adds $1,258/yr, while 5% annual appreciation builds toward $53,875 over five years. Five-year ROI reaches 127.62% and total cumulative return in cash sums $82,498. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,511/mo property income rather than buyer’s personal income.
Single Family
Built in 1995
5.12 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52035, Colesburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 420 (100%) |
| Owner Occupied HU | 318 (75.7%) |
| Renter Occupied HU | 57 (13.6%) |
| Vacant Housing Units | 45 (10.7%) |
| Median Home Value | $169,022 |
| Average Home Value | $275,857 |
Housing Distribution
Address Breakdown
Residential
265
Single Family
265
Multi-Family
0
Businesses
18
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Listed by: Kayla Aulwes • EXIT Realty Driftless Group
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #151546
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.