401 W 3rd StSanbornIA51248
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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
Investment property for sale in Sanborn at 401 W 3rd St, Sanborn, IA, 51248 uses $36,134 cash to close to unlock $4,471/yr annual cash flow and $373/mo monthly cash flow. Total monthly income runs $1,081/mo, and a $534/mo payment keeps the spread at $373/mo. Purchase price stands at $109,000, and rental yield measures 11.9% with $1,081/mo rent. Return on cash invested shows 32.28% in year one, and 5% annual appreciation builds toward $30,115 over five years. Five-year ROI reaches 169.66% and total cumulative return in cash records $61,306. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,081/mo property income covering a $534/mo payment rather than investor’s personal income.
Single Family
Built in 1900
6,969 sqft lot
$N/A/sqft
No HOA
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Listed by: Corey Elgersma • ISB Services Inc
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828439
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. Listing information is deemed reliable, but not guaranteed.