770 Linden StCarlisleIA50047
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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 Carlisle at 770 Linden St, Carlisle, IA, 50047 priced at $269,790 pairs $2,159/mo rent with $227/mo cash flow after a $1,320/mo payment. Total monthly income equals $2,159/mo, and annual cash flow comes to $2,728/yr on $89,435 invested. Return on cash invested is 22.96% in year one, and rental yield stands at 9.6% on a $269,790 basis. Equity gained on principal adds $1,741/yr, and 5% annual appreciation accumulates to $74,538 by year five. Five-year ROI measures 120.52% and total cumulative return in cash reaches $107,791. For financing, Ziffy Mortgage’s DSCR program evaluates $2,159/mo property income against a $1,320/mo payment instead of your W2s, 1099s, or Tax returns.
Condo
Built in 2024
5,453 sqft lot
$N/A/sqft
$180 monthly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50047, Carlisle, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,598 (100%) |
| Owner Occupied HU | 2,023 (77.9%) |
| Renter Occupied HU | 419 (16.1%) |
| Vacant Housing Units | 156 ( 6.0%) |
| Median Home Value | $240,355 |
| Average Home Value | $278,827 |
Housing Distribution
Address Breakdown
Residential
2,431
Single Family
2,339
Multi-Family
92
Businesses
159
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Listed by: Rob Burditt • Hubbell Homes of Iowa, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #694944
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.