515 Dean StThorIA50591
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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 Thor at 515 Dean St, Thor, IA, 50591 generates $1,675/mo in rent and, after a $1,150/mo payment, leaves $149/mo in cash flow. Total monthly income is $1,675/mo, and annual cash flow is $1,788/yr on $77,903 invested. Return on cash invested sits at 22.2% in year one, and rental yield is 8.55% on a $235,000 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation builds toward $64,926 over five years. Five-year ROI reaches 115.53% and total cumulative return in cash sums $90,004. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,675/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
2.91 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50591, Thor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 144 (100%) |
| Owner Occupied HU | 112 (77.8%) |
| Renter Occupied HU | 16 (11.1%) |
| Vacant Housing Units | 16 (11.1%) |
| Median Home Value | $217,241 |
| Average Home Value | $216,540 |
Housing Distribution
Address Breakdown
Residential
78
Single Family
78
Multi-Family
0
Businesses
4
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