509 W 7th 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
Rental property for sale in Sanborn at 509 W 7th St, Sanborn, IA, 51248 generates $1,114/mo in rent and, after a $685/mo payment, leaves $205/mo in cash flow. Total monthly income is $1,114/mo, and annual cash flow is $2,460/yr on $46,410 invested. Return on cash invested sits at 25.21% in year one, and rental yield is 9.55% on a $140,000 entry. Equity gained on principal adds $903/yr, while 5% annual appreciation builds toward $38,679 over five years. Five-year ROI reaches 131.63% and total cumulative return in cash sums $61,090. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,114/mo property income rather than buyer’s personal income.
Single Family
Built in 1967
10,454 sqft 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: #830041
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.