6611 Lafayette RdRaymondIA50667
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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 Raymond at 6611 Lafayette Rd, Raymond, IA, 50667 earns $195/mo cash flow from $2,273/mo rent with a $1,566/mo payment. Total monthly income totals $2,273/mo, and annual cash flow totals $2,342/yr on $106,047 capital. ROI tracks 22.12% on current figures, and rental yield reads 8.53% at a $319,900 purchase. Equity gained on principal adds $2,064/yr, and 5% annual appreciation supports $88,382 over five years. Five-year ROI reaches 115.12% and total cumulative return in cash sums $122,084. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,273/mo property income instead of your personal income.
Single Family
Built in 1997
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50667, Raymond, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 322 (100%) |
| Owner Occupied HU | 285 (88.5%) |
| Renter Occupied HU | 23 ( 7.1%) |
| Vacant Housing Units | 14 ( 4.3%) |
| Median Home Value | $260,985 |
| Average Home Value | $260,763 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
21
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