6501 W 140th St SMitchellvilleIA50169
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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
Total monthly income runs $3,494/mo, and a $3,059/mo payment. Purchase price stands at $625,000, and rental yield measures 6.71% with $3,494/mo rent. Return on cash invested shows 16.76% in year one, and 5% annual appreciation builds toward $172,676 over five years. Five-year ROI reaches 86.33% and total cumulative return in cash records $177,517. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,494/mo property income covering a $3,059/mo payment rather than investor’s personal income.
Single Family
Built in 2019
9.74 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50169, Mitchellville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,159 (100%) |
| Owner Occupied HU | 887 (76.5%) |
| Renter Occupied HU | 203 (17.5%) |
| Vacant Housing Units | 69 ( 6.0%) |
| Median Home Value | $309,928 |
| Average Home Value | $321,812 |
Housing Distribution
Address Breakdown
Residential
1,004
Single Family
962
Multi-Family
42
Businesses
34
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Listed by: Trierweiler, Markjon • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #711960
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.