624 N Division StStuartIA50250
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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 Stuart at 624 N Division St, Stuart, IA, 50250 priced at $259,500 converts $2,030/mo rent into $345/mo cash flow after a $1,270/mo obligation. Total monthly income equals $2,030/mo, and annual cash flow totals $4,138/yr on $86,024 invested. Return on cash invested prints 24.72% in year one, and rental yield reads 9.39% 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 129.04% and total cumulative return in cash sums $111,005. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,030/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
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 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
869
Multi-Family
64
Businesses
102
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