401 N Pearl StZearingIA50278
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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
Rental property for sale in Zearing at 401 N Pearl St, Zearing, IA, 50278 priced at $179,000 converts $1,407/mo rent into $245/mo cash flow after a $876/mo obligation. Total monthly income equals $1,407/mo, and annual cash flow totals $2,935/yr on $59,339 invested. Return on cash invested prints 24.86% in year one, and rental yield reads 9.43% against a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation compiles into $49,454 by year five. Five-year ROI reaches 129.8% and total cumulative return in cash sums $77,019. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,407/mo property income covering a $876/mo payment, not borrower’s personal income.
Single Family
Built in 2024
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50278, Zearing, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 353 (100%) |
| Owner Occupied HU | 261 (73.9%) |
| Renter Occupied HU | 64 (18.1%) |
| Vacant Housing Units | 28 ( 7.9%) |
| Median Home Value | $216,964 |
| Average Home Value | $245,201 |
Housing Distribution
Address Breakdown
Residential
182
Single Family
182
Multi-Family
0
Businesses
29
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Listed by: cia.rets.bjennings • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67889
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.