509 Main StYaleIA50277
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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 Yale at 509 Main St, Yale, IA, 50277 offers a 9.79% rental yield on a $215,000 purchase with $1,754/mo rent. Total monthly income registers $1,754/mo, and a $1,052/mo payment leaves $358/mo available for distribution. Annual cash flow reaches $4,296/yr on $71,273 to close, and return on cash invested stands at 25.94% in year one. Equity gained on principal adds $1,387/yr while 5% annual appreciation supports $59,401 over five years. Portfolio math shows five-year ROI at 135.55% and total cumulative return in cash at $96,613. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,754/mo property income against a $1,052/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1973
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50277, Yale, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 211 (100%) |
| Owner Occupied HU | 165 (78.2%) |
| Renter Occupied HU | 30 (14.2%) |
| Vacant Housing Units | 16 ( 7.6%) |
| Median Home Value | $255,000 |
| Average Home Value | $333,667 |
Housing Distribution
Address Breakdown
Residential
126
Single Family
126
Multi-Family
0
Businesses
9
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Listed by: Laura Kemble • Sunset Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #717571
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.