605 Willow StHarlanIA51537
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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
Rental property for sale in Harlan at 605 Willow St, Harlan, IA, 51537 generates $1,104/mo in rent and, after a $611/mo payment, leaves $293/mo in cash flow. Total monthly income is $1,104/mo, and annual cash flow is $3,518/yr on $41,404 invested. Return on cash invested sits at 28.41% in year one, and rental yield is 10.61% on a $124,900 entry. Equity gained on principal adds $806/yr, while 5% annual appreciation builds toward $34,508 over five years. Five-year ROI reaches 148.93% and total cumulative return in cash sums $61,666. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,104/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
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Listed by: Randy Ouren • Ouren Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325524
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.