4051 N Callison AveCummingIA50061
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 Cumming at 4051 N Callison Ave, Cumming, IA, 50061 priced at $640,780 converts $3,428/mo rent into after a $3,136/mo obligation. Total monthly income equals $3,428/mo. Return on cash invested prints 15.53% in year one, and rental yield reads 6.42% against a $640,780 entry. Equity gained on principal adds $4,135/yr, while 5% annual appreciation compiles into $177,036 by year five. Five-year ROI reaches 79.88% and total cumulative return in cash sums $168,395. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $3,428/mo property income covering a $3,136/mo payment, not borrower’s personal income.
Single Family
Built in 2025
0.27 Acres lot
$N/A/sqft
$750 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50061, Cumming, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 1,132 (91.7%) |
| Renter Occupied HU | 52 ( 4.2%) |
| Vacant Housing Units | 51 ( 4.1%) |
| Median Home Value | $489,671 |
| Average Home Value | $552,955 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Kristina Leek • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #723664
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.