905 E 1st StPellaIA50219
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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 Pella at 905 E 1st St, Pella, IA, 50219 offers a 5.48% rental yield on a $355,000 purchase with $1,620/mo rent. 91% in year one. Equity gained on principal adds $2,291/yr while 5% annual appreciation supports $98,080 over five years. Portfolio math shows five-year ROI at 65.72% and total cumulative return in cash at $77,340. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,620/mo property income against a $1,738/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1917
4,791 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50219, Pella, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,760 (100%) |
| Owner Occupied HU | 3,786 (65.7%) |
| Renter Occupied HU | 1,557 (27.0%) |
| Vacant Housing Units | 417 ( 7.2%) |
| Median Home Value | $309,649 |
| Average Home Value | $341,465 |
Housing Distribution
Address Breakdown
Residential
5,831
Single Family
5,207
Multi-Family
624
Businesses
566
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