413 4th Ave NE, Oelwein, IA, 50662 | $314/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Oelwein at 413 4th Ave NE, Oelwein, IA, 50662 generates $1,476/mo in rent and, after a $876/mo payment, leaves $314/mo in cash flow. Total monthly income is $1,476/mo, and annual cash flow is $3,763/yr on $59,339 invested. Return on cash invested sits at 26.25% in year one, and rental yield is 9.89% on a $179,000 entry. Equity gained on principal adds $1,155/yr, while 5% annual appreciation builds toward $49,454 over five years. Five-year ROI reaches 137.28% and total cumulative return in cash sums $81,459. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,476/mo property income rather than buyer’s personal income.

Single Family

Built in 1972

0.29 Acres lot

$N/A/sqft

No HOA