490 Erusha DrWalfordIA52351
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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 Walford at 490 Erusha Dr, Walford, IA, 52351 offers a 9.57% rental yield on a $575,000 purchase with $4,588/mo rent. Total monthly income registers $4,588/mo, and a $2,814/mo payment leaves $854/mo available for distribution. Annual cash flow reaches $10,248/yr on $189,175 to close, and return on cash invested stands at 25.48% in year one. Equity gained on principal adds $3,710/yr while 5% annual appreciation supports $158,862 over five years. Portfolio math shows five-year ROI at 133.07% and total cumulative return in cash at $251,735. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $4,588/mo property income against a $2,814/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2007
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52351, Walford, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 436 (85.7%) |
| Renter Occupied HU | 58 (11.4%) |
| Vacant Housing Units | 15 ( 2.9%) |
| Median Home Value | $268,681 |
| Average Home Value | $285,006 |
Housing Distribution
Address Breakdown
Residential
125
Single Family
125
Multi-Family
0
Businesses
28
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