509 P AveMilfordIA51351
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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 Milford at 509 P Ave, Milford, IA, 51351 at $229,000 posts ROI 36.12% with $1,026/mo cash flow from $2,513/mo rent. Total monthly income equals $2,513/mo, and annual cash flow records $12,307/yr on $75,914 to close. Return on cash invested measures 36.12% and rental yield reads 13.17% at the current $229,000. Equity gained on principal adds $1,478/yr, and 5% annual appreciation supports $63,268 by year five. Five-year ROI prints 190.2% and total cumulative return in cash totals $144,389.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,513/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
7,840 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Aaron Jones • RE/MAX Lakes Realty
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250684
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.