510 11th StMilfordIA51351
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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 510 11th St, Milford, IA, 51351 uses $56,024 cash to close to unlock $6,223/yr annual cash flow and $519/mo monthly cash flow. Total monthly income runs $1,616/mo, and a $827/mo payment keeps the spread at $519/mo. Purchase price stands at $169,000, and rental yield measures 11.47% with $1,616/mo rent. Return on cash invested shows 31.02% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 162.84% and total cumulative return in cash records $91,231. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,616/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1950
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Josh Schaben • Keller Williams Okoboji
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #251049
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