836 Gilmore AveCallenderIA50523
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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 Callender at 836 Gilmore Ave, Callender, IA, 50523 offers a 9.7% rental yield on a $265,000 purchase with $2,142/mo rent. Total monthly income registers $2,142/mo, and a $1,297/mo payment leaves $421/mo available for distribution. Annual cash flow reaches $5,052/yr on $87,848 to close, and return on cash invested stands at 25.66% in year one. Equity gained on principal adds $1,710/yr while 5% annual appreciation supports $73,215 over five years. Portfolio math shows five-year ROI at 134.08% and total cumulative return in cash at $117,783. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,142/mo property income against a $1,297/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50523, Callender, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 291 (100%) |
| Owner Occupied HU | 218 (74.9%) |
| Renter Occupied HU | 36 (12.4%) |
| Vacant Housing Units | 37 (12.7%) |
| Median Home Value | $195,513 |
| Average Home Value | $232,718 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
10
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