4425 Plumberry RdElyIA52227
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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
Rental property for sale in Ely at 4425 Plumberry Rd, Ely, IA, 52227 priced at $699,900 pairs $3,640/mo rent with after a $3,426/mo payment. Total monthly income equals $3,640/mo. Return on cash invested is 15.17% in year one, and rental yield stands at 6.24% on a $699,900 basis. Equity gained on principal adds $4,516/yr, and 5% annual appreciation accumulates to $193,369 by year five. Five-year ROI measures 77.83% and total cumulative return in cash reaches $179,228. For financing, Ziffy Mortgage’s DSCR program evaluates $3,640/mo property income against a $3,426/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2002
2.79 Acres lot
$N/A/sqft
$400 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52227, Ely, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,232 (100%) |
| Owner Occupied HU | 996 (80.8%) |
| Renter Occupied HU | 175 (14.2%) |
| Vacant Housing Units | 61 ( 5.0%) |
| Median Home Value | $348,160 |
| Average Home Value | $409,026 |
Housing Distribution
Address Breakdown
Residential
1,063
Single Family
996
Multi-Family
67
Businesses
51
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Listed by: Jesse Grade • Skogman Realty Co.
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202405188
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed accurate by the MLS.