714 Main StLorimorIA50149
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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 Lorimor at 714 Main St, Lorimor, IA, 50149 earns from $0/mo rent with a $759/mo payment. Total monthly income totals $0/mo. ROI tracks -3.61% on current figures, and rental yield reads 0% at a $155,000 purchase. Equity gained on principal adds $1,000/yr, and 5% annual appreciation supports $42,824 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Single Family
Built in 1900
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50149, Lorimor, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 454 (100%) |
| Owner Occupied HU | 312 (68.7%) |
| Renter Occupied HU | 79 (17.4%) |
| Vacant Housing Units | 63 (13.9%) |
| Median Home Value | $210,000 |
| Average Home Value | $266,210 |
Housing Distribution
Address Breakdown
Residential
375
Single Family
369
Multi-Family
6
Businesses
11
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No similar rental properties found nearby.
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Listed by: Ian Sparks • Homefront Real Estate, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #693774
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.