36 9th St SWLe MarsIA51031
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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 Le Mars at 36 9th St SW, Le Mars, IA, 51031 generates $2,664/mo in rent, after a $2,936/mo payment. Total monthly income is $2,664/mo. Return on cash invested sits at 12.57% in year one, and rental yield is 5.33% on a $599,900 entry. Equity gained on principal adds $3,871/yr, while 5% annual appreciation builds toward $165,741 over five years. Five-year ROI reaches 63.88% and total cumulative return in cash sums $126,076. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,664/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
0.58 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jeff Carlson • RE/MAX Experience
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827926
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.