700 Iowa StSaint CharlesIA50240
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Saint Charles at 700 Iowa St, Saint Charles, IA, 50240 offers $1,577/mo rent that, after a $1,101/mo payment, leaves $116/mo cash flow. Total monthly income is $1,577/mo, and annual cash flow is $1,392/yr on $74,588 cash. Return on cash invested measures 21.78% in year one, and rental yield stands at 8.41% at a $225,000 entry. Equity gained on principal adds $1,452/yr while 5% annual appreciation compounds into $62,163 by year five. Five-year ROI records 113.23% and total cumulative return in cash reaches $84,453. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,577/mo property income versus a $1,101/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1972
0.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50240, Saint Charles, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 921 (100%) |
| Owner Occupied HU | 771 (83.7%) |
| Renter Occupied HU | 100 (10.9%) |
| Vacant Housing Units | 50 ( 5.4%) |
| Median Home Value | $294,792 |
| Average Home Value | $384,351 |
Housing Distribution
Address Breakdown
Residential
912
Single Family
912
Multi-Family
0
Businesses
41
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Nearby investment properties with comparable prices
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