740 Main StMc CallsburgIA50154
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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 Mc Callsburg at 740 Main St, Mc Callsburg, IA, 50154 priced at $159,000 converts $1,031/mo rent into after a $778/mo obligation. Total monthly income equals $1,031/mo. Return on cash invested prints 19.88% in year one, and rental yield reads 7.78% against a $159,000 entry. Equity gained on principal adds $1,026/yr, while 5% annual appreciation compiles into $43,929 by year five. Five-year ROI reaches 103.09% and total cumulative return in cash sums $54,336. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,031/mo property income covering a $778/mo payment, not borrower’s personal income.
Single Family
Built in 1900
5,227 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50154, Mc Callsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 234 (100%) |
| Owner Occupied HU | 175 (74.8%) |
| Renter Occupied HU | 37 (15.8%) |
| Vacant Housing Units | 22 ( 9.4%) |
| Median Home Value | $265,625 |
| Average Home Value | $306,057 |
Housing Distribution
Address Breakdown
Residential
94
Single Family
94
Multi-Family
0
Businesses
4
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Listed by: Jon Olson • Agency Iowa
Mls Name: CIBR
Mls Provider:
Mls ID: #68340
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.