904 Cherokee StNevadaIA50201
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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 Nevada at 904 Cherokee St, Nevada, IA, 50201 priced at $389,900 pairs $2,303/mo rent with after a $1,908/mo payment. Total monthly income equals $2,303/mo. Return on cash invested is 17.76% in year one, and rental yield stands at 7.09% on a $389,900 basis. Equity gained on principal adds $2,516/yr, and 5% annual appreciation accumulates to $107,722 by year five. Five-year ROI measures 91.74% and total cumulative return in cash reaches $118,573. For financing, Ziffy Mortgage’s DSCR program evaluates $2,303/mo property income against a $1,908/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2004
0.31 Acres lot
$N/A/sqft
$35 annually HOA
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Nearby investment properties with comparable prices
Listed by: Marc Olson Team • RE/MAX Concepts-Nevada
Mls Name: CIBR
Mls Provider:
Mls ID: #67219
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.