5 Edward DrLe MarsIA51031
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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 Le Mars at 5 Edward Dr, Le Mars, IA, 51031 listed at $359,900 pairs $1,931/mo rent with a $1,762/mo payment. Total monthly income runs $1,931/mo. Return on cash invested measures 15.82% in year one, and rental yield registers 6.44% at a $359,900 basis. Equity gained on principal adds $2,322/yr, and annual property appreciation at 5% supports $99,434 by year five. Five-year ROI tracks 81.34% and total cumulative return in cash totals $97,046. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,931/mo property income relative to a $1,762/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
0.25 Acres lot
$N/A/sqft
No HOA
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Listed by: Kylie Petty • Century 21 ProLink - Le Mars
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828780
Disclaimer: Information being provided is for consumers' personal, non-commercial use and 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.