653 Ferry Rd, Miles, IA, 52064 | $400/mo Cash Flow

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 Miles at 653 Ferry Rd, Miles, IA, 52064 generates $1,764/mo in rent and, after a $1,028/mo payment, leaves $400/mo in cash flow. Total monthly income is $1,764/mo, and annual cash flow is $4,800/yr on $69,615 invested. Return on cash invested sits at 26.8% in year one, and rental yield is 10.08% on a $210,000 entry. Equity gained on principal adds $1,355/yr, while 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 140.22% and total cumulative return in cash sums $97,612. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,764/mo property income rather than buyer’s personal income.

Single Family

Built in 1870

8,610 sqft lot

$N/A/sqft

No HOA