3751 N Callison AveCummingIA50061
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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 Cumming at 3751 N Callison Ave, Cumming, IA, 50061 offers a 21.68% rental yield on a $129,900 purchase with $2,347/mo rent. Total monthly income registers $2,347/mo, and a $636/mo payment leaves $1,503/mo available for distribution. Annual cash flow reaches $18,038/yr on $43,062 to close, and return on cash invested stands at 61.8% in year one. Equity gained on principal adds $838/yr while 5% annual appreciation supports $35,889 over five years. Portfolio math shows five-year ROI at 327.95% and total cumulative return in cash at $141,223. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,347/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Lot
Built in N/A
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50061, Cumming, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 1,132 (91.7%) |
| Renter Occupied HU | 52 ( 4.2%) |
| Vacant Housing Units | 51 ( 4.1%) |
| Median Home Value | $489,671 |
| Average Home Value | $552,955 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
35
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Listed by: Ludwig, Kalen N • Peoples Company
Mls Name: DMMLS
Mls Provider:
Mls ID: #696299
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.