5370 Wells Fargo TrlMelroseIA52569
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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 Melrose at 5370 Wells Fargo Trl, Melrose, IA, 52569 with 5% annual appreciation on a $169,900 basis while $0/mo rent supports operations. 61% in year one. Equity gained on principal adds $1,096/yr, and five-year appreciation sums $46,940 alongside rental yield of 0%. Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $0/mo property income versus a $832/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1994
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52569, Melrose, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 459 (100%) |
| Owner Occupied HU | 226 (49.2%) |
| Renter Occupied HU | 33 ( 7.2%) |
| Vacant Housing Units | 200 (43.6%) |
| Median Home Value | $143,750 |
| Average Home Value | $191,759 |
Housing Distribution
Address Breakdown
Residential
341
Single Family
341
Multi-Family
0
Businesses
11
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