410 Tama StSlaterIA50244
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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 Slater at 410 Tama St, Slater, IA, 50244 uses $81,632 cash to close to unlock $4,476/yr annual cash flow and $373/mo monthly cash flow. Total monthly income runs $1,972/mo, and a $1,205/mo payment keeps the spread at $373/mo. Purchase price stands at $246,250, and rental yield measures 9.61% with $1,972/mo rent. Return on cash invested shows 25.39% in year one, and 5% annual appreciation builds toward $68,034 over five years. Five-year ROI reaches 132.62% and total cumulative return in cash records $108,261. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,972/mo property income covering a $1,205/mo payment rather than investor’s personal income.
Single Family
Built in 1900
0.33 Acres lot
$N/A/sqft
No HOA
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Listed by: Bock Real Estate Group • RE/MAX REAL ESTATE CENTER
Mls Name: CIBR
Mls Provider:
Mls ID: #67307
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. Data is deemed reliable but not accurate.