44 Thompson DrPaloIA52324
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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 Palo at 44 Thompson Dr, Palo, IA, 52324 offers a 8.68% rental yield on a $279,900 purchase with $2,024/mo rent. Total monthly income registers $2,024/mo, and a $1,370/mo payment leaves $206/mo available for distribution. Annual cash flow reaches $2,474/yr on $92,787 to close, and return on cash invested stands at 22.58% in year one. Equity gained on principal adds $1,806/yr while 5% annual appreciation supports $77,331 over five years. Portfolio math shows five-year ROI at 117.59% and total cumulative return in cash at $109,105. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,024/mo property income against a $1,370/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1980
0.28 Acres lot
$N/A/sqft
No HOA
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Listed by: Cindy Guckenberger • Key Realty
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2503056
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.