510 N Howard StIndianolaIA50125
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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 Indianola at 510 N Howard St, Indianola, IA, 50125 priced at $119,900 pairs $1,850/mo rent with $1,071/mo cash flow after a $587/mo payment. Total monthly income equals $1,850/mo, and annual cash flow comes to $12,854/yr on $39,747 invested. Return on cash invested is 52.25% in year one, and rental yield stands at 18.52% on a $119,900 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,126 by year five. Five-year ROI measures 276.79% and total cumulative return in cash reaches $110,016. For financing, Ziffy Mortgage’s DSCR program evaluates $1,850/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50125, Indianola, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 8,941 (100%) |
| Owner Occupied HU | 6,204 (69.4%) |
| Renter Occupied HU | 2,072 (23.2%) |
| Vacant Housing Units | 665 ( 7.4%) |
| Median Home Value | $256,652 |
| Average Home Value | $303,097 |
Housing Distribution
Address Breakdown
Residential
8,498
Single Family
7,374
Multi-Family
1,124
Businesses
578
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Listed by: Beatris Mayorga • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #717235
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.