618 W Smith StRussellIA50238
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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 Russell at 618 W Smith St, Russell, IA, 50238 at $235,000 posts ROI -3.6% with from $0/mo rent. Total monthly income equals $0/mo. Return on cash invested measures -3.6% and rental yield reads 0% at the current $235,000. Equity gained on principal adds $1,516/yr, and 5% annual appreciation supports $64,926 by year five. You can finance with Ziffy Mortgage’s DSCR loan, which relies on $0/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Manufactured
Built in 2021
3.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50238, Russell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 383 (75.2%) |
| Renter Occupied HU | 59 (11.6%) |
| Vacant Housing Units | 67 (13.2%) |
| Median Home Value | $84,375 |
| Average Home Value | $145,202 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
14
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No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Katelynn Cook • RE/MAX Revolution
Mls Name: DMMLS
Mls Provider:
Mls ID: #720994
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.