807 Boone StSheldahlIA50243
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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 Sheldahl at 807 Boone St, Sheldahl, IA, 50243 priced at $265,000 pairs $2,484/mo rent with $763/mo cash flow after a $1,297/mo payment. Total monthly income equals $2,484/mo, and annual cash flow comes to $9,156/yr on $87,848 invested. Return on cash invested is 30.33% in year one, and rental yield stands at 11.25% on a $265,000 basis. Equity gained on principal adds $1,710/yr, and 5% annual appreciation accumulates to $73,215 by year five. Five-year ROI measures 159.12% and total cumulative return in cash reaches $139,779. For financing, Ziffy Mortgage’s DSCR program evaluates $2,484/mo property income against a $1,297/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1850
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50243, Sheldahl, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 125 (100%) |
| Owner Occupied HU | 108 (86.4%) |
| Renter Occupied HU | 12 ( 9.6%) |
| Vacant Housing Units | 5 ( 4.0%) |
| Median Home Value | $329,630 |
| Average Home Value | $320,949 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
5
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Listed by: Amy Wiederin • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #722436
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.