811 E Union StPellaIA50219
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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 Pella at 811 E Union St, Pella, IA, 50219 offers $2,716/mo rent that, after a $1,811/mo payment, leaves $313/mo cash flow. Total monthly income is $2,716/mo, and annual cash flow is $3,756/yr on $122,655 cash. Return on cash invested measures 22.97% in year one, and rental yield stands at 8.81% at a $370,000 entry. Equity gained on principal adds $2,388/yr while 5% annual appreciation compounds into $102,224 by year five. Five-year ROI records 119.65% and total cumulative return in cash reaches $146,753. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $2,716/mo property income versus a $1,811/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 2000
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
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Listed by: Jill Veenstra • Home Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #720019
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.