503 Joyce StSanbornIA51248
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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 Sanborn at 503 Joyce St, Sanborn, IA, 51248 at $225,000 posts ROI 21.87% with $122/mo cash flow from $1,583/mo rent. Total monthly income equals $1,583/mo, and annual cash flow records $1,464/yr on $74,588 to close. Return on cash invested measures 21.87% and rental yield reads 8.44% at the current $225,000. Equity gained on principal adds $1,452/yr, and 5% annual appreciation supports $62,163 by year five. Five-year ROI prints 113.76% and total cumulative return in cash totals $84,849.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,583/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.50 Acres lot
$N/A/sqft
No HOA
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Listed by: Corey Elgersma • ISB Services Inc
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #826283
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.