714 W North St, Madrid, IA, 50156 | $56/mo Cash Flow

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Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Madrid at 714 W North St, Madrid, IA, 50156 offers $1,582/mo rent that, after a $1,150/mo payment, leaves $56/mo cash flow. Total monthly income is $1,582/mo, and annual cash flow is $674/yr on $77,869 cash. Return on cash invested measures 20.77% in year one, and rental yield stands at 8.08% at a $234,900 entry. Equity gained on principal adds $1,516/yr while 5% annual appreciation compounds into $64,899 by year five. Five-year ROI records 107.93% and total cumulative return in cash reaches $84,045. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,582/mo property income versus a $1,150/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.

Single Family

Built in 1954

9,583 sqft lot

$N/A/sqft

No HOA