4426 Main StElk HornIA51531
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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 Elk Horn at 4426 Main St, Elk Horn, IA, 51531 generates $1,942/mo in rent and, after a $1,229/mo payment, leaves $311/mo in cash flow. Total monthly income is $1,942/mo, and annual cash flow is $3,737/yr on $83,207 invested. Return on cash invested sits at 24.4% in year one, and rental yield is 9.28% on a $251,000 entry. Equity gained on principal adds $1,620/yr, while 5% annual appreciation builds toward $69,347 over five years. Five-year ROI reaches 127.35% and total cumulative return in cash sums $105,960. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,942/mo property income rather than buyer’s personal income.
Single Family
Built in 1910
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51531, Elk Horn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 375 (100%) |
| Owner Occupied HU | 276 (73.6%) |
| Renter Occupied HU | 75 (20.0%) |
| Vacant Housing Units | 24 ( 6.4%) |
| Median Home Value | $156,818 |
| Average Home Value | $170,480 |
Housing Distribution
Address Breakdown
Residential
229
Single Family
218
Multi-Family
11
Businesses
44
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