410 N Frederick AveOelweinIA50662
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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 Oelwein at 410 N Frederick Ave, Oelwein, IA, 50662 priced at $125,000 converts $965/mo rent into $153/mo cash flow after a $612/mo obligation. Total monthly income equals $965/mo, and annual cash flow totals $1,836/yr on $41,438 invested. Return on cash invested prints 24.34% in year one, and rental yield reads 9.26% against a $125,000 entry. Equity gained on principal adds $807/yr, while 5% annual appreciation compiles into $34,535 by year five. Five-year ROI reaches 127% and total cumulative return in cash sums $52,625. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $965/mo property income covering a $612/mo payment, not borrower’s personal income.
Single Family
Built in 1912
6,969 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices