415 Park LnBarnumIA50518
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
Rental property for sale in Barnum at 415 Park Ln, Barnum, IA, 50518 offers $1,648/mo rent that, after a $857/mo payment, leaves $511/mo cash flow. Total monthly income is $1,648/mo, and annual cash flow is $6,132/yr on $58,013 cash. Return on cash invested measures 30.48% in year one, and rental yield stands at 11.3% at a $175,000 entry. Equity gained on principal adds $1,129/yr while 5% annual appreciation compounds into $48,349 by year five. Five-year ROI records 159.91% and total cumulative return in cash reaches $92,767. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,648/mo property income versus a $857/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50518, Barnum, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 136 (100%) |
| Owner Occupied HU | 124 (91.2%) |
| Renter Occupied HU | 5 ( 3.7%) |
| Vacant Housing Units | 7 ( 5.1%) |
| Median Home Value | $289,286 |
| Average Home Value | $343,851 |
Housing Distribution
Address Breakdown
Residential
123
Single Family
123
Multi-Family
0
Businesses
6
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