390 Commons DrCarlisleIA50047
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Carlisle at 390 Commons Dr, Carlisle, IA, 50047 offers $2,218/mo rent that, after a $1,542/mo payment, leaves $172/mo cash flow. Total monthly income is $2,218/mo, and annual cash flow is $2,064/yr on $104,422 cash. Return on cash invested measures 21.89% in year one, and rental yield stands at 8.45% at a $314,997 entry. Equity gained on principal adds $2,033/yr while 5% annual appreciation compounds into $87,028 by year five. Five-year ROI records 113.83% and total cumulative return in cash reaches $118,864. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,218/mo property income versus a $1,542/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2022
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50047, Carlisle, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,023 (77.9%) |
| Renter Occupied HU | 419 (16.1%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $240,355 |
| Average Home Value | $278,827 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,339
Multi-Family
92
Businesses
159
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