712 Rapids StAdelIA50003
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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 Adel at 712 Rapids St, Adel, IA, 50003 offers a 8.7% rental yield on a $205,000 purchase with $1,486/mo rent. Total monthly income registers $1,486/mo, and a $1,003/mo payment leaves $155/mo available for distribution. Annual cash flow reaches $1,860/yr on $67,958 to close, and return on cash invested stands at 22.65% in year one. Equity gained on principal adds $1,323/yr while 5% annual appreciation supports $56,638 over five years. Portfolio math shows five-year ROI at 117.91% and total cumulative return in cash at $80,130. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,486/mo property income against a $1,003/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
8,712 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: John Daugherty • Platinum Realty LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #726633
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.