611 N Lincoln StEagle GroveIA50533
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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 Eagle Grove at 611 N Lincoln St, Eagle Grove, IA, 50533 listed at $247,900 pairs $720/mo rent with a $1,213/mo payment. Total monthly income runs $720/mo. Return on cash invested measures 6.92% in year one, and rental yield registers 3.49% at a $247,900 basis. Equity gained on principal adds $1,600/yr, and annual property appreciation at 5% supports $68,490 by year five. Five-year ROI tracks 33.6% and total cumulative return in cash totals $27,611. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $720/mo property income relative to a $1,213/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Manufactured
Built in 2024
N/A 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 |
Housing Distribution
Address Breakdown
Residential
1,657
Single Family
1,628
Multi-Family
29
Businesses
143
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Listed by: Michael L Ryerson • Ryerson Realty LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6320743