624 N Division St, Stuart, IA, 50250 | $62/mo Cash Flow

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Monthly Cash Flow: 1 - 3k+

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624 N Division St, Stuart, IA, 50250 | $62/mo Cash Flow | Ziffy

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Stuart at 624 N Division St, Stuart, IA, 50250 priced at $259,500 converts $1,747/mo rent into $62/mo cash flow after a $1,270/mo obligation. Total monthly income equals $1,747/mo, and annual cash flow totals $742/yr on $86,024 invested. Return on cash invested prints 20.77% in year one, and rental yield reads 8.08% against a $259,500 entry. Equity gained on principal adds $1,675/yr, while 5% annual appreciation compiles into $71,695 by year five. Five-year ROI reaches 107.86% and total cumulative return in cash sums $92,789. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,747/mo property income covering a $1,270/mo payment, not borrower’s personal income.

Single Family

Built in 1978

0.58 Acres lot

$N/A/sqft

No HOA

More details about the property

Welcome home to this beautifully maintained 4-bedroom, 2-bath split-level situated on a spacious double corner lot totaling over half an acre. The main level offers a warm and inviting living room and a fully updated kitchen featuring Granite Transformations countertops, smudge-proof stainless steel appliances, and stunning hickory hardwood flooring throughout. The second level includes three generous bedrooms and a full bathroom. The lower level provides wonderful additional living space with a 4th bedroom, another bathroom, and a large den complete with a cozy gas log fireplace. Step outside from the main level through sliding doors onto the deck with a beautiful pergola overlooking your very own orchard filled with peaches, apples, pears, and more. The property also features a charming flower garden, a productive vegetable garden, and two storage sheds for all your tools and hobby needs. This home has had only one owner and has been exceptionally well cared for. Major updates include a new roof in 2022 and newer appliances throughout.

Neighborhood Data

Neighborhood data shown for ZIP Code: 50250, Stuart, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,137 (100%)
Owner Occupied HU	750 (66.0%)
Renter Occupied HU	236 (20.8%)
Vacant Housing Units	151 (13.3%)
Median Home Value	$197,000
Average Home Value	$221,707