401 Ashford StMaxwellIA50161
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 Maxwell at 401 Ashford St, Maxwell, IA, 50161 generates $1,610/mo in rent and, after a $974/mo payment, leaves $318/mo in cash flow. Total monthly income is $1,610/mo, and annual cash flow is $3,811/yr on $65,969 invested. Return on cash invested sits at 25.69% in year one, and rental yield is 9.71% on a $199,000 entry. Equity gained on principal adds $1,284/yr, while 5% annual appreciation builds toward $54,980 over five years. Five-year ROI reaches 134.25% and total cumulative return in cash sums $88,566. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,610/mo property income rather than buyer’s personal income.
Single Family
Built in 1890
10,863 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50161, Maxwell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 851 (100%) |
| Owner Occupied HU | 671 (78.8%) |
| Renter Occupied HU | 106 (12.5%) |
| Vacant Housing Units | 74 ( 8.7%) |
| Median Home Value | $356,333 |
| Average Home Value | $388,420 |
Housing Distribution
Address Breakdown
Residential
733
Single Family
733
Multi-Family
0
Businesses
34
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Liz Keller • CHASE Collective
Mls Name: DMMLS
Mls Provider:
Mls ID: #714932
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.