516 Charlotte StEarlvilleIA52041
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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 Earlville at 516 Charlotte St, Earlville, IA, 52041 earns $163/mo cash flow from $1,540/mo rent with a $1,038/mo payment. Total monthly income totals $1,540/mo, and annual cash flow totals $1,954/yr on $70,278 capital. ROI tracks 22.69% on current figures, and rental yield reads 8.72% at a $212,000 purchase. Equity gained on principal adds $1,368/yr, and 5% annual appreciation supports $58,572 over five years. Five-year ROI reaches 118.15% and total cumulative return in cash sums $83,035. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,540/mo property income instead of your personal income.
Single Family
Built in 1970
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52041, Earlville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 616 (100%) |
| Owner Occupied HU | 475 (77.1%) |
| Renter Occupied HU | 93 (15.1%) |
| Vacant Housing Units | 48 ( 7.8%) |
| Median Home Value | $195,536 |
| Average Home Value | $237,037 |
Housing Distribution
Address Breakdown
Residential
605
Single Family
589
Multi-Family
16
Businesses
25
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Listed by: Jeremy Schmelzer • eXp Realty, LLC
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #153524
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.