527 Lee DrLe MarsIA51031
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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 Le Mars at 527 Lee Dr, Le Mars, IA, 51031 priced at $360,000 pairs $2,734/mo rent with $396/mo cash flow after a $1,762/mo payment. Total monthly income equals $2,734/mo, and annual cash flow comes to $4,752/yr on $119,340 invested. Return on cash invested is 23.89% in year one, and rental yield stands at 9.11% on a $360,000 basis. Equity gained on principal adds $2,323/yr, and 5% annual appreciation accumulates to $99,461 by year five. Five-year ROI measures 124.58% and total cumulative return in cash reaches $148,677. For financing, Ziffy Mortgage’s DSCR program evaluates $2,734/mo property income against a $1,762/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1959
9,147 sqft lot
$N/A/sqft
No HOA
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Listed by: Lisa R Pageler • 1st Choice Realty
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #824609
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.