611 8th AveSlaterIA50244
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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 Slater at 611 8th Ave, Slater, IA, 50244 generates $2,566/mo in rent, after a $1,953/mo payment. Total monthly income is $2,566/mo. Return on cash invested sits at 19.68% in year one, and rental yield is 7.72% on a $399,000 entry. Equity gained on principal adds $2,575/yr, while 5% annual appreciation builds toward $110,236 over five years. Five-year ROI reaches 102.02% and total cumulative return in cash sums $134,942. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,566/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.30 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Kevin Holmes • United Real Estate Professionals
Mls Name: CIBR
Mls Provider:
Mls ID: #67150
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.