680 Hunter DrEvansdaleIA50707
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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 Evansdale at 680 Hunter Dr, Evansdale, IA, 50707 uses $116,025 cash to close to unlock $7,416/yr annual cash flow and $618/mo monthly cash flow. Total monthly income runs $2,891/mo, and a $1,713/mo payment keeps the spread at $618/mo. Purchase price stands at $350,000, and rental yield measures 9.91% with $2,891/mo rent. Return on cash invested shows 26.3% in year one, and 5% annual appreciation builds toward $96,699 over five years. Five-year ROI reaches 137.5% and total cumulative return in cash records $159,530. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,891/mo property income covering a $1,713/mo payment rather than investor’s personal income.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
No HOA
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Listed by: Brian D Happel • RE/MAX Concepts - Waverly
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20235141
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