627 2nd StMeserveyIA50457
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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
Investment property for sale in Meservey at 627 2nd St, Meservey, IA, 50457 uses $35,802 cash to close to unlock $1,766/yr annual cash flow and $147/mo monthly cash flow. Total monthly income runs $849/mo, and a $529/mo payment keeps the spread at $147/mo. Purchase price stands at $108,000, and rental yield measures 9.43% with $849/mo rent. Return on cash invested shows 24.84% in year one, and 5% annual appreciation builds toward $29,838 over five years. Five-year ROI reaches 129.8% and total cumulative return in cash records $46,472. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $849/mo property income covering a $529/mo payment rather than investor’s personal income.
Single Family
Built in 1890
0.32 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50457, Meservey, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 161 (100%) |
| Owner Occupied HU | 102 (63.4%) |
| Renter Occupied HU | 30 (18.6%) |
| Vacant Housing Units | 29 (18.0%) |
| Median Home Value | $166,071 |
| Average Home Value | $379,657 |
Housing Distribution
Address Breakdown
Residential
98
Single Family
98
Multi-Family
0
Businesses
10
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