620 Highview StNevadaIA50201
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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 Nevada at 620 Highview St, Nevada, IA, 50201 priced at $204,800 converts $1,949/mo rent into $619/mo cash flow after a $1,002/mo obligation. Total monthly income equals $1,949/mo, and annual cash flow totals $7,432/yr on $67,891 invested. Return on cash invested prints 30.86% in year one, and rental yield reads 11.42% against a $204,800 entry. Equity gained on principal adds $1,322/yr, while 5% annual appreciation compiles into $56,582 by year five. Five-year ROI reaches 162% and total cumulative return in cash sums $109,983. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,949/mo property income covering a $1,002/mo payment, not borrower’s personal income.
Single Family
Built in 1968
10,018 sqft lot
$N/A/sqft
No HOA
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Listed by: Marc Olson Team • RE/MAX Concepts-Nevada
Mls Name: CIBR
Mls Provider:
Mls ID: #67385
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.