507 6th St, Malcom, IA, 50157 | $18/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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507 6th St, Malcom, IA, 50157 | $18/mo Cash Flow | Ziffy

For Sale

Fix & Flip

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 Malcom at 507 6th St, Malcom, IA, 50157 listed at $194,900 pairs $1,284/mo rent with a $954/mo payment to leave $18/mo cash flow. Total monthly income runs $1,284/mo, and annual cash flow reaches $218/yr on $64,609 cash to close. Return on cash invested measures 20.25% in year one, and rental yield registers 7.91% at a $194,900 basis. Equity gained on principal adds $1,258/yr, and annual property appreciation at 5% supports $53,847 by year five. Five-year ROI tracks 105.11% and total cumulative return in cash totals $67,911. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,284/mo property income relative to a $954/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).

Single Family

Built in 1970

0.55 Acres lot

$N/A/sqft

No HOA

More details about the property

Spacious Home with Exceptional Storage in Malcom! Welcome to 507 6th Street, a fantastic property, offering space, convenience, and incredible utility in the charming community of Malcom. This home features 3 comfortable bedrooms and one full bath across a generous 1,440 sq ft of total living space, with a two-car attached garage. The layout is designed for easy living, boasting desirable main floor laundry and durable metal siding. A practical enclosed breezeway connects the kitchen and leads directly to the 2-car attached garage. The exterior storage is truly unmatched, with an additional 35' x 48' metal detached building (1,680 sq ft)perfect workshop for hobbies, or serious vehicle storage! Note, the sellers are selling property AS-IS Situated on a sprawling 160' x 150' corner lot, this is an ideal opportunity for small-town living with massive utility space. Commuting is easy with close access to I-80. Don't miss this unique Malcom offering! Spacious and affordablebook a showing now!

Neighborhood Data

Neighborhood data shown for ZIP Code: 50157, Malcom, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	309 (100%)
Owner Occupied HU	233 (75.4%)
Renter Occupied HU	53 (17.2%)
Vacant Housing Units	23 ( 7.4%)
Median Home Value	$221,711
Average Home Value	$301,180