504 11th St, Adair, IA, 50002 | 7.11% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Adair at 504 11th St, Adair, IA, 50002 earns from $2,192/mo rent with a $1,810/mo payment. Total monthly income totals $2,192/mo. ROI tracks 17.86% on current figures, and rental yield reads 7.11% at a $369,900 purchase. Equity gained on principal adds $2,387/yr, and 5% annual appreciation supports $102,197 over five years. Five-year ROI reaches 92.25% and total cumulative return in cash sums $113,122. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,192/mo property income instead of your personal income.

Single Family

Built in 2021

0.68 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 50002, Adair, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	622 (100%)
Owner Occupied HU	410 (65.9%)
Renter Occupied HU	141 (22.7%)
Vacant Housing Units	71 (11.4%)
Median Home Value	$161,184
Average Home Value	$235,848