904 Guthrie StAdairIA50002
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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 Adair at 904 Guthrie St, Adair, IA, 50002 earns $246/mo cash flow from $1,336/mo rent with a $798/mo payment. Total monthly income totals $1,336/mo, and annual cash flow totals $2,947/yr on $54,035 capital. ROI tracks 25.36% on current figures, and rental yield reads 9.84% at a $163,000 purchase. Equity gained on principal adds $1,052/yr, and 5% annual appreciation supports $45,034 over five years. Five-year ROI reaches 132.77% and total cumulative return in cash sums $71,743. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,336/mo property income instead of your personal income.
Single Family
Built in 1975
0.75 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50002, Adair, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 622 (100%) |
| Owner Occupied HU | 410 (65.9%) |
| Renter Occupied HU | 141 (22.7%) |
| Vacant Housing Units | 71 (11.4%) |
| Median Home Value | $161,184 |
| Average Home Value | $235,848 |
Housing Distribution
Address Breakdown
Residential
479
Single Family
459
Multi-Family
20
Businesses
48
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Listed by: Ashlee Knickerbocker • Keller Williams Realty GDM
Mls Name: DMMLS
Mls Provider:
Mls ID: #728065
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.