571 Elm StMagnoliaIA51550
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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 Magnolia at 571 Elm St, Magnolia, IA, 51550 at $275,000 posts ROI 21.83% with $146/mo cash flow from $1,932/mo rent. Total monthly income equals $1,932/mo, and annual cash flow records $1,752/yr on $91,163 to close. Return on cash invested measures 21.83% and rental yield reads 8.43% at the current $275,000. Equity gained on principal adds $1,775/yr, and 5% annual appreciation supports $75,977 by year five. Five-year ROI prints 113.55% and total cumulative return in cash totals $103,511.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,932/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1903
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51550, Magnolia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 76 (100%) |
| Owner Occupied HU | 60 (78.9%) |
| Renter Occupied HU | 6 ( 7.9%) |
| Vacant Housing Units | 10 (13.2%) |
| Median Home Value | $200,000 |
| Average Home Value | $242,833 |
Housing Distribution
Address Breakdown
Residential
75
Single Family
75
Multi-Family
0
Businesses
2
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