705 15th StNevadaIA50201
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
Investment property for sale in Nevada at 705 15th St, Nevada, IA, 50201 uses $91,163 cash to close to unlock $864/yr annual cash flow and $72/mo monthly cash flow. Total monthly income runs $1,858/mo, and a $1,346/mo payment keeps the spread at $72/mo. Purchase price stands at $275,000, and rental yield measures 8.11% with $1,858/mo rent. Return on cash invested shows 20.86% in year one, and 5% annual appreciation builds toward $75,977 over five years. Five-year ROI reaches 108.31% and total cumulative return in cash records $98,735. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,858/mo property income covering a $1,346/mo payment rather than investor’s personal income.
Single Family
Built in 1958
7,840 sqft lot
$N/A/sqft
No HOA
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Marc Olson Team • RE/MAX Concepts-Nevada
Mls Name: CIBR
Mls Provider:
Mls ID: #67478
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.