605 Greene St, Slater, IA, 50244 | $339/mo Cash Flow

For Sale

Ziffy Mortgage

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

Rental property for sale in Slater at 605 Greene St, Slater, IA, 50244 priced at $209,900 pairs $1,702/mo rent with $339/mo cash flow after a $1,027/mo payment. Total monthly income equals $1,702/mo, and annual cash flow comes to $4,070/yr on $69,582 invested. Return on cash invested is 25.76% in year one, and rental yield stands at 9.73% on a $209,900 basis. Equity gained on principal adds $1,354/yr, and 5% annual appreciation accumulates to $57,992 by year five. Five-year ROI measures 134.67% and total cumulative return in cash reaches $93,704. For financing, Ziffy Mortgage’s DSCR program evaluates $1,702/mo property income against a $1,027/mo payment instead of your W2s, 1099s, or Tax returns.

Townhouse

Built in 1996

2,178 sqft lot

$N/A/sqft

No HOA