401 Central Ave SW, Le Mars, IA, 51031 | 4.36% Rental Yield

For Sale

Currently Rented

Rental Income

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Le Mars at 401 Central Ave SW, Le Mars, IA, 51031 with 5% annual appreciation on a $380,000 basis while $1,381/mo rent supports operations. 55% in year one. Equity gained on principal adds $2,452/yr, and five-year appreciation sums $104,987 alongside rental yield of 4.36%. Five-year ROI measures 47.7% and total cumulative return in cash totals $60,085. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,381/mo property income versus a $1,860/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.

Multi Family

Built in 1901

0.34 Acres lot

$N/A/sqft

No HOA