555 TrailMelroseIA52569
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 555 Trail, Melrose, IA, 52569 at $557,750 posts ROI 2.76% with from $977/mo rent. Total monthly income equals $977/mo. Return on cash invested measures 2.76% and rental yield reads 2.1% at the current $557,750. Equity gained on principal adds $3,599/yr, and 5% annual appreciation supports $154,096 by year five. Five-year ROI prints 11.26% and total cumulative return in cash totals $20,659. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $977/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
97 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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