602 E End AveEvansdaleIA50707
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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 Evansdale at 602 E End Ave, Evansdale, IA, 50707 at $124,500 posts ROI 27.96% with $277/mo cash flow from $1,085/mo rent. Total monthly income equals $1,085/mo, and annual cash flow records $3,322/yr on $41,272 to close. Return on cash invested measures 27.96% and rental yield reads 10.46% at the current $124,500. Equity gained on principal adds $803/yr, and 5% annual appreciation supports $34,397 by year five. Five-year ROI prints 146.41% and total cumulative return in cash totals $60,424.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,085/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1950
7,405 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Emily O'connell • Foundations Realty
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251193
Disclaimer: IDX information is provided exclusively for consumers' personal, non-commercial use, that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that the data is deemed reliable but is not guaranteed accurate by the MLS. Based on information submitted to the MLS GRID as of 2025-03-30 12:32:42 PDT. All data is obtained from various sources and may not have been verified by broker or MLS GRID. Supplied Open House Information is subject to change without notice. All information should be independently reviewed and verified for accuracy. Properties may or may not be listed by the office/agent presenting the information. Some IDX listings have been excluded from this website. Prices displayed on all Sold listings are the Last Known Listing Price and may not be the actual selling price.