5728 155th PlGrimesIA50111
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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 Grimes at 5728 155th Pl, Grimes, IA, 50111 generates $2,039/mo in rent and, after a $1,111/mo payment, leaves $565/mo in cash flow. Total monthly income is $2,039/mo, and annual cash flow is $6,778/yr on $75,247 invested. Return on cash invested sits at 28.92% in year one, and rental yield is 10.78% on a $226,990 entry. Equity gained on principal adds $1,465/yr, while 5% annual appreciation builds toward $62,713 over five years. Five-year ROI reaches 151.55% and total cumulative return in cash sums $114,034. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,039/mo property income rather than buyer’s personal income.
Townhouse
Built in 2025
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50111, Grimes, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,438 (100%) |
| Owner Occupied HU | 5,041 (67.8%) |
| Renter Occupied HU | 1,944 (26.1%) |
| Vacant Housing Units | 453 ( 6.1%) |
| Median Home Value | $352,789 |
| Average Home Value | $397,644 |
Housing Distribution
Address Breakdown
Residential
7,220
Single Family
6,963
Multi-Family
257
Businesses
595
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