711 8th StSheldonIA51201
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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
Rental property for sale in Sheldon at 711 8th St, Sheldon, IA, 51201 generates $1,736/mo in rent and, after a $925/mo payment, leaves $509/mo in cash flow. Total monthly income is $1,736/mo, and annual cash flow is $6,103/yr on $62,654 invested. Return on cash invested sits at 29.65% in year one, and rental yield is 11.02% on a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation builds toward $52,217 over five years. Five-year ROI reaches 155.52% and total cumulative return in cash sums $97,438. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,736/mo property income rather than buyer’s personal income.
Single Family
Built in 1954
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51201, Sheldon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,830 (100%) |
| Owner Occupied HU | 1,698 (60.0%) |
| Renter Occupied HU | 828 (29.3%) |
| Vacant Housing Units | 304 (10.7%) |
| Median Home Value | $192,725 |
| Average Home Value | $227,967 |
Housing Distribution
Address Breakdown
Residential
2,870
Single Family
2,509
Multi-Family
361
Businesses
307
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