522 Main StIowa FallsIA50126
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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 Iowa Falls at 522 Main St, Iowa Falls, IA, 50126 priced at $259,000 converts $780/mo rent into after a $1,268/mo obligation. Total monthly income equals $780/mo. Return on cash invested prints 6.51% in year one, and rental yield reads 3.61% against a $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation compiles into $71,557 by year five. Five-year ROI reaches 31.72% and total cumulative return in cash sums $27,232. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $780/mo property income covering a $1,268/mo payment, not borrower’s personal income.
Single Family
Built in 1918
7,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50126, Iowa Falls, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,098 (100%) |
| Owner Occupied HU | 1,928 (62.2%) |
| Renter Occupied HU | 779 (25.1%) |
| Vacant Housing Units | 391 (12.6%) |
| Median Home Value | $134,118 |
| Average Home Value | $157,281 |
Housing Distribution
Address Breakdown
Residential
2,960
Single Family
2,739
Multi-Family
221
Businesses
386
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Listed by: Lisa Renaud • Ferris Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321833
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.