597 Giddings St APT 6KelleyIA50134
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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 Kelley at 597 Giddings St APT 6, Kelley, IA, 50134 with 5% annual appreciation on a $135,000 basis while $1,029/mo rent supports operations. Total monthly income totals $1,029/mo and a $661/mo payment preserves $142/mo for cash returns. Annual cash flow comes to $1,699/yr on $44,753 deployed, and return on cash invested reaches 23.71% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.15%. Five-year ROI measures 123.75% and total cumulative return in cash totals $55,381.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,029/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Townhouse
Built in 2004
6,534 sqft lot
$N/A/sqft
$125 annually HOA
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Listed by: Zac Runyon • Friedrich Iowa Realty
Mls Name: CIBR
Mls Provider:
Mls ID: #66750
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.