417 N West StEarlvilleIA52041
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 Earlville at 417 N West St, Earlville, IA, 52041 offers $1,774/mo rent that, after a $1,260/mo payment, leaves $102/mo cash flow. Total monthly income is $1,774/mo, and annual cash flow is $1,224/yr on $85,361 cash. Return on cash invested measures 21.34% in year one, and rental yield stands at 8.27% at a $257,500 entry. Equity gained on principal adds $1,662/yr while 5% annual appreciation compounds into $71,143 by year five. Five-year ROI records 110.92% and total cumulative return in cash reaches $94,681. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,774/mo property income versus a $1,260/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52041, Earlville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 475 (77.1%) |
| Renter Occupied HU | 93 (15.1%) |
| Vacant Housing Units | 48 ( 7.8%) |
| Median Home Value | $195,536 |
| Average Home Value | $237,037 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
589
Multi-Family
16
Businesses
25
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Listed by: Susie Meyer • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #152007
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.