705 Adams StCumberlandIA50843
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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 Cumberland at 705 Adams St, Cumberland, IA, 50843 uses $44,753 cash to close to unlock $2,412/yr annual cash flow and $201/mo monthly cash flow. Total monthly income runs $1,078/mo, and a $661/mo payment keeps the spread at $201/mo. Purchase price stands at $135,000, and rental yield measures 9.58% with $1,078/mo rent. Return on cash invested shows 25.3% in year one, and 5% annual appreciation builds toward $37,298 over five years. Five-year ROI reaches 132.14% and total cumulative return in cash records $59,137. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,078/mo property income covering a $661/mo payment rather than investor’s personal income.
Single Family
Built in 1951
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50843, Cumberland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 272 (100%) |
| Owner Occupied HU | 190 (69.9%) |
| Renter Occupied HU | 45 (16.5%) |
| Vacant Housing Units | 37 (13.6%) |
| Median Home Value | $212,963 |
| Average Home Value | $320,816 |
Housing Distribution
Address Breakdown
Residential
227
Single Family
227
Multi-Family
0
Businesses
13
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Listed by: N/A • N/A
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