805 1st Ave WFarleyIA52046
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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 Farley at 805 1st Ave W, Farley, IA, 52046 generates $2,443/mo in rent and, after a $1,654/mo payment, leaves $248/mo in cash flow. Total monthly income is $2,443/mo, and annual cash flow is $2,980/yr on $112,014 invested. Return on cash invested sits at 22.57% in year one, and rental yield is 8.68% on a $337,900 entry. Equity gained on principal adds $2,180/yr, while 5% annual appreciation builds toward $93,356 over five years. Five-year ROI reaches 117.54% and total cumulative return in cash sums $131,659. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,443/mo property income rather than buyer’s personal income.
Single Family
Built in 1969
0.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52046, Farley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 982 (100%) |
| Owner Occupied HU | 747 (76.1%) |
| Renter Occupied HU | 200 (20.4%) |
| Vacant Housing Units | 35 ( 3.6%) |
| Median Home Value | $319,578 |
| Average Home Value | $360,944 |
Housing Distribution
Address Breakdown
Residential
815
Single Family
789
Multi-Family
26
Businesses
62
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Listed by: Gabrielle Hardin • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #153114
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.