808 6th StTraerIA50675
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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 Traer at 808 6th St, Traer, IA, 50675 uses $93,649 cash to close to unlock $1,518/yr annual cash flow and $127/mo monthly cash flow. Total monthly income runs $1,970/mo, and a $1,383/mo payment keeps the spread at $127/mo. Purchase price stands at $282,500, and rental yield measures 8.37% with $1,970/mo rent. Return on cash invested shows 21.53% in year one, and 5% annual appreciation builds toward $78,050 over five years. Five-year ROI reaches 111.99% and total cumulative return in cash records $104,882. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,970/mo property income covering a $1,383/mo payment rather than investor’s personal income.
Single Family
Built in 1996
0.27 Acres lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Jennifer Lakin • Structure Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20243485
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