502 Main StAdelIA50003
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Adel at 502 Main St, Adel, IA, 50003 at $269,500 posts ROI 27.03% with $530/mo cash flow from $2,280/mo rent. Total monthly income equals $2,280/mo, and annual cash flow records $6,358/yr on $89,339 to close. Return on cash invested measures 27.03% and rental yield reads 10.15% at the current $269,500. Equity gained on principal adds $1,739/yr, and 5% annual appreciation supports $74,458 by year five. Five-year ROI prints 141.4% and total cumulative return in cash totals $126,324.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,280/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1925
8,712 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Jode Hutzell-Dymond • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #704621
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.