400 S Ellicott StOsageIA50461
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 Osage at 400 S Ellicott St, Osage, IA, 50461 offers $3,994/mo rent that, after a $3,792/mo payment. Total monthly income is $3,994/mo. Return on cash invested measures 15.18% in year one, and rental yield stands at 6.19% at a $774,704 entry. Equity gained on principal adds $4,999/yr while 5% annual appreciation compounds into $214,036 by year five. Five-year ROI records 77.83% and total cumulative return in cash reaches $198,370. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $3,994/mo property income versus a $3,792/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1997
11.04 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50461, Osage, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,736 (100%) |
| Owner Occupied HU | 1,872 (68.4%) |
| Renter Occupied HU | 573 (20.9%) |
| Vacant Housing Units | 291 (10.6%) |
| Median Home Value | $193,555 |
| Average Home Value | $251,899 |
Housing Distribution
Address Breakdown
Residential
2,500
Single Family
2,437
Multi-Family
63
Businesses
244
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices