603 SE 2nd St, Eagle Grove, IA, 50533 | $227/mo Cash Flow

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NMLS #2625701

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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

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Investment Highlights

Investment property for sale in Eagle Grove at 603 SE 2nd St, Eagle Grove, IA, 50533 offers a 9.6% rental yield on a $219,900 purchase with $1,759/mo rent. Total monthly income registers $1,759/mo, and a $1,076/mo payment leaves $227/mo available for distribution. Annual cash flow reaches $2,721/yr on $72,897 to close, and return on cash invested stands at 23.64% in year one. Equity gained on principal adds $1,419/yr while 5% annual appreciation supports $60,754 over five years. Portfolio math shows five-year ROI at 123.88% and total cumulative return in cash at $90,304. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,759/mo property income against a $1,076/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.

Single Family

Built in N/A

0.32 Acres lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 50533, Eagle Grove, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,784 (100%)
Owner Occupied HU	1,055 (59.1%)
Renter Occupied HU	562 (31.5%)
Vacant Housing Units	167 ( 9.4%)
Median Home Value	$107,788
Average Home Value	$130,524