815 Grove St, Adel, IA, 50003 | $119/mo Cash Flow

For Sale

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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 Adel at 815 Grove St, Adel, IA, 50003 priced at $179,999 pairs $1,288/mo rent with $119/mo cash flow after a $881/mo payment. Total monthly income equals $1,288/mo, and annual cash flow comes to $1,428/yr on $59,670 invested. Return on cash invested is 22.3% in year one, and rental yield stands at 8.59% on a $179,999 basis. Equity gained on principal adds $1,162/yr, and 5% annual appreciation accumulates to $49,730 by year five. Five-year ROI measures 116.07% and total cumulative return in cash reaches $69,256. For financing, Ziffy Mortgage’s DSCR program evaluates $1,288/mo property income against a $881/mo payment instead of your W2s, 1099s, or Tax returns.

Single Family

Built in 1890

8,712 sqft lot

$N/A/sqft

No HOA