808 Spruce St, Allison, IA, 50602 | $176/mo Cash Flow

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Rental property for sale in Allison at 808 Spruce St, Allison, IA, 50602 priced at $120,000 pairs $955/mo rent with $176/mo cash flow after a $587/mo payment. Total monthly income equals $955/mo, and annual cash flow comes to $2,112/yr on $39,780 invested. Return on cash invested is 25.22% in year one, and rental yield stands at 9.55% on a $120,000 basis. Equity gained on principal adds $774/yr, and 5% annual appreciation accumulates to $33,154 by year five. Five-year ROI measures 131.69% and total cumulative return in cash reaches $52,387. For financing, Ziffy Mortgage’s DSCR program evaluates $955/mo property income against a $587/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1912

9,583 sqft lot

$N/A/sqft

No HOA