800 Center StShelbyIA51570
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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 Shelby at 800 Center St, Shelby, IA, 51570 earns $275/mo cash flow from $1,638/mo rent with a $1,027/mo payment. Total monthly income totals $1,638/mo, and annual cash flow totals $3,302/yr on $69,582 capital. ROI tracks 24.65% on current figures, and rental yield reads 9.36% at a $209,900 purchase. Equity gained on principal adds $1,354/yr, and 5% annual appreciation supports $57,992 over five years. Five-year ROI reaches 128.75% and total cumulative return in cash sums $89,588. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,638/mo property income instead of your personal income.
Single Family
Built in 1900
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51570, Shelby, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 320 (64.3%) |
| Renter Occupied HU | 125 (25.1%) |
| Vacant Housing Units | 53 (10.6%) |
| Median Home Value | $209,000 |
| Average Home Value | $233,156 |
Housing Distribution
Address Breakdown
Residential
374
Single Family
374
Multi-Family
0
Businesses
23
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Listed by: Adria Millard • The American Real Estate Co.
Mls Name: DMMLS
Mls Provider:
Mls ID: #700497
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.