409 Okoboji AveMilfordIA51351
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 Milford at 409 Okoboji Ave, Milford, IA, 51351 earns $1,198/mo cash flow from $3,065/mo rent with a $1,407/mo payment. Total monthly income totals $3,065/mo, and annual cash flow totals $14,376/yr on $95,306 capital. ROI tracks 34.99% on current figures, and rental yield reads 12.79% at a $287,500 purchase. Equity gained on principal adds $1,855/yr, and 5% annual appreciation supports $79,431 over five years. Five-year ROI reaches 184.1% and total cumulative return in cash sums $175,463. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $3,065/mo property income instead of your personal income.
Single Family
Built in 1976
1.13 Acres lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Tammy Fredericksen • EXIT Realty Midwest
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250237
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.