601 S State StMadridIA50156
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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 Madrid at 601 S State St, Madrid, IA, 50156 at $155,000 posts ROI 21.73% with $78/mo cash flow from $1,103/mo rent. Total monthly income equals $1,103/mo, and annual cash flow records $936/yr on $51,383 to close. Return on cash invested measures 21.73% and rental yield reads 8.54% at the current $155,000. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 by year five. Five-year ROI prints 113.3% and total cumulative return in cash totals $58,216.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,103/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1872
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Erin Owen • Epique Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #713143
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.