7541 SE Vandalia DrRunnellsIA50237
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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 Runnells at 7541 SE Vandalia Dr, Runnells, IA, 50237 uses $49,725 cash to close to unlock $3,367/yr annual cash flow and $281/mo monthly cash flow. Total monthly income runs $1,272/mo, and a $734/mo payment keeps the spread at $281/mo. Purchase price stands at $150,000, and rental yield measures 10.18% with $1,272/mo rent. Return on cash invested shows 26.68% in year one, and 5% annual appreciation builds toward $41,442 over five years. Five-year ROI reaches 139.76% and total cumulative return in cash records $69,498. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,272/mo property income covering a $734/mo payment rather than investor’s personal income.
Single Family
Built in 1956
0.99 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50237, Runnells, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 1,058 (87.3%) |
| Renter Occupied HU | 116 ( 9.6%) |
| Vacant Housing Units | 38 ( 3.1%) |
| Median Home Value | $374,895 |
| Average Home Value | $411,269 |
Housing Distribution
Address Breakdown
Residential
1,129
Single Family
1,114
Multi-Family
15
Businesses
29
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