417 Cedar StSchleswigIA51461
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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 Schleswig at 417 Cedar St, Schleswig, IA, 51461 offers a 15.38% rental yield on a $125,850 purchase with $1,613/mo rent. Total monthly income registers $1,613/mo, and a $616/mo payment leaves $796/mo available for distribution. Annual cash flow reaches $9,548/yr on $41,719 to close, and return on cash invested stands at 42.79% in year one. Equity gained on principal adds $812/yr while 5% annual appreciation supports $34,770 over five years. Portfolio math shows five-year ROI at 225.99% and total cumulative return in cash at $94,280. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,613/mo property income against a $616/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1914
9,800 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51461, Schleswig, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 508 (100%) |
| Owner Occupied HU | 360 (70.9%) |
| Renter Occupied HU | 89 (17.5%) |
| Vacant Housing Units | 59 (11.6%) |
| Median Home Value | $167,373 |
| Average Home Value | $218,979 |
Housing Distribution
Address Breakdown
Residential
141
Single Family
141
Multi-Family
0
Businesses
41
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Listed by: Jessica Bueltel • Neppl Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6310394
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.