702 6th StHarlanIA51537
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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 Harlan at 702 6th St, Harlan, IA, 51537 uses $34,443 cash to close to unlock $478/yr annual cash flow and $40/mo monthly cash flow. Total monthly income runs $720/mo, and a $509/mo payment keeps the spread at $40/mo. Purchase price stands at $103,900, and rental yield measures 8.32% with $720/mo rent. Return on cash invested shows 21.3% in year one, and 5% annual appreciation builds toward $28,706 over five years. Five-year ROI reaches 110.74% and total cumulative return in cash records $38,140. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $720/mo property income covering a $509/mo payment rather than investor’s personal income.
Single Family
Built in 1884
10,454 sqft lot
$N/A/sqft
No HOA
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Listed by: Kevin Osborn • Osborn Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325979
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.