407 Linden AveShenandoahIA51601
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
Investment property for sale in Shenandoah at 407 Linden Ave, Shenandoah, IA, 51601 at $215,000 posts ROI 11.56% with from $900/mo rent. Total monthly income equals $900/mo. Return on cash invested measures 11.56% and rental yield reads 5.02% at the current $215,000. Equity gained on principal adds $1,387/yr, and 5% annual appreciation supports $59,401 by year five. Five-year ROI prints 58.44% and total cumulative return in cash totals $41,653. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $900/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1971
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51601, Shenandoah, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,905 (100%) |
| Owner Occupied HU | 1,629 (56.1%) |
| Renter Occupied HU | 937 (32.3%) |
| Vacant Housing Units | 339 (11.7%) |
| Median Home Value | $134,422 |
| Average Home Value | $177,239 |
Housing Distribution
Address Breakdown
Residential
2,593
Single Family
2,292
Multi-Family
301
Businesses
292
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Mike Manuel • Manuel Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321168
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.