7865 50th AveProleIA50229
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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 Prole at 7865 50th Ave, Prole, IA, 50229 generates $3,142/mo in rent, after a $5,384/mo payment. Total monthly income is $3,142/mo. Return on cash invested sits at 6.9% in year one, and rental yield is 3.43% on a $1,100,000 entry. Equity gained on principal adds $7,098/yr, while 5% annual appreciation builds toward $303,910 over five years. Five-year ROI reaches 33.37% and total cumulative return in cash sums $118,915. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,142/mo property income rather than buyer’s personal income.
Single Family
Built in 2004
6.97 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50229, Prole, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 523 (100%) |
| Owner Occupied HU | 452 (86.4%) |
| Renter Occupied HU | 52 ( 9.9%) |
| Vacant Housing Units | 19 ( 3.6%) |
| Median Home Value | $357,303 |
| Average Home Value | $416,527 |
Housing Distribution
Address Breakdown
Residential
476
Single Family
476
Multi-Family
0
Businesses
9
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Listed by: Sean Asada • RE/MAX Real Estate Center
Mls Name: DMMLS
Mls Provider:
Mls ID: #710275
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.