904 K AveNevadaIA50201
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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 Nevada at 904 K Ave, Nevada, IA, 50201 offers a 12.61% rental yield on a $178,000 purchase with $1,870/mo rent. Total monthly income registers $1,870/mo, and a $871/mo payment leaves $714/mo available for distribution. Annual cash flow reaches $8,570/yr on $59,007 to close, and return on cash invested stands at 34.43% in year one. Equity gained on principal adds $1,149/yr while 5% annual appreciation supports $49,178 over five years. Portfolio math shows five-year ROI at 181.18% and total cumulative return in cash at $106,909. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,870/mo property income against a $871/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
6,098 sqft lot
$N/A/sqft
No HOA
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Listed by: Lisa A. Nady • Hunziker & Assoc.-Ames
Mls Name: CIBR
Mls Provider:
Mls ID: #65055
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.