726 Malone AveReadlynIA50668
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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 Readlyn at 726 Malone Ave, Readlyn, IA, 50668 priced at $199,900 converts $1,930/mo rent into $632/mo cash flow after a $978/mo obligation. Total monthly income equals $1,930/mo, and annual cash flow totals $7,586/yr on $66,267 invested. Return on cash invested prints 31.36% in year one, and rental yield reads 11.59% against a $199,900 entry. Equity gained on principal adds $1,290/yr, while 5% annual appreciation compiles into $55,229 by year five. Five-year ROI reaches 164.7% and total cumulative return in cash sums $109,141. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,930/mo property income covering a $978/mo payment, not borrower’s personal income.
Single Family
Built in 1977
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50668, Readlyn, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 564 (100%) |
| Owner Occupied HU | 447 (79.3%) |
| Renter Occupied HU | 72 (12.8%) |
| Vacant Housing Units | 45 ( 8.0%) |
| Median Home Value | $188,702 |
| Average Home Value | $225,710 |
Housing Distribution
Address Breakdown
Residential
261
Single Family
261
Multi-Family
0
Businesses
32
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