626 Harrison StRemsenIA51050
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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 Remsen at 626 Harrison St, Remsen, IA, 51050 priced at $255,000 pairs $1,883/mo rent with $227/mo cash flow after a $1,248/mo payment. Total monthly income equals $1,883/mo, and annual cash flow comes to $2,724/yr on $84,533 invested. Return on cash invested is 23.13% in year one, and rental yield stands at 8.86% on a $255,000 basis. Equity gained on principal adds $1,645/yr, and 5% annual appreciation accumulates to $70,452 by year five. Five-year ROI measures 120.52% and total cumulative return in cash reaches $101,876. For financing, Ziffy Mortgage’s DSCR program evaluates $1,883/mo property income against a $1,248/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1910
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51050, Remsen, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,091 (100%) |
| Owner Occupied HU | 838 (76.8%) |
| Renter Occupied HU | 180 (16.5%) |
| Vacant Housing Units | 73 ( 6.7%) |
| Median Home Value | $263,793 |
| Average Home Value | $334,406 |
Housing Distribution
Address Breakdown
Residential
725
Single Family
702
Multi-Family
23
Businesses
71
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