619 Lime Kiln RdOsageIA50461
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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 Osage at 619 Lime Kiln Rd, Osage, IA, 50461 offers $1,072/mo rent that, after a $582/mo payment, leaves $300/mo cash flow. Total monthly income is $1,072/mo, and annual cash flow is $3,595/yr on $39,449 cash. Return on cash invested measures 29.02% in year one, and rental yield stands at 10.81% at a $119,000 entry. Equity gained on principal adds $768/yr while 5% annual appreciation compounds into $32,878 by year five. Five-year ROI records 152.17% and total cumulative return in cash reaches $60,029. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,072/mo property income versus a $582/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1998
0.83 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50461, Osage, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,736 (100%) |
| Owner Occupied HU | 1,872 (68.4%) |
| Renter Occupied HU | 573 (20.9%) |
| Vacant Housing Units | 291 (10.6%) |
| Median Home Value | $193,555 |
| Average Home Value | $251,899 |
Housing Distribution
Address Breakdown
Residential
2,500
Single Family
2,437
Multi-Family
63
Businesses
244
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