550 Jones RdEvansdaleIA50707
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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 Evansdale at 550 Jones Rd, Evansdale, IA, 50707 priced at $199,900 pairs $1,421/mo rent with $123/mo cash flow after a $978/mo payment. Total monthly income equals $1,421/mo, and annual cash flow comes to $1,478/yr on $66,267 invested. Return on cash invested is 22.14% in year one, and rental yield stands at 8.53% on a $199,900 basis. Equity gained on principal adds $1,290/yr, and 5% annual appreciation accumulates to $55,229 by year five. Five-year ROI measures 115.26% and total cumulative return in cash reaches $76,381. For financing, Ziffy Mortgage’s DSCR program evaluates $1,421/mo property income against a $978/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1952
0.35 Acres lot
$N/A/sqft
No HOA
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Listed by: Jami James • Century 21 Signature Real Estate-Waverly
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251786
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 2025-04-24 11:22:27 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.