8934 SE Vandalia DrRunnellsIA50237
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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 Runnells at 8934 SE Vandalia Dr, Runnells, IA, 50237 offers a 4.87% rental yield on a $870,000 purchase with $3,533/mo rent. 18% in year one. Equity gained on principal adds $5,614/yr while 5% annual appreciation supports $240,365 over five years. Portfolio math shows five-year ROI at 56.42% and total cumulative return in cash at $161,497. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $3,533/mo property income against a $4,258/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1978
4.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50237, Runnells, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,212 (100%) |
| Owner Occupied HU | 1,058 (87.3%) |
| Renter Occupied HU | 116 ( 9.6%) |
| Vacant Housing Units | 38 ( 3.1%) |
| Median Home Value | $374,895 |
| Average Home Value | $411,269 |
Housing Distribution
Address Breakdown
Residential
1,129
Single Family
1,114
Multi-Family
15
Businesses
29
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Listed by: Leeann Bluske • ConsumerEquity LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #697039
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.