906 Grove StAdelIA50003
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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 Adel at 906 Grove St, Adel, IA, 50003 earns $210/mo cash flow from $1,717/mo rent with a $1,136/mo payment. Total monthly income totals $1,717/mo, and annual cash flow totals $2,518/yr on $76,908 capital. ROI tracks 23.18% on current figures, and rental yield reads 8.88% at a $232,000 purchase. Equity gained on principal adds $1,497/yr, and 5% annual appreciation supports $64,097 over five years. Five-year ROI reaches 120.8% and total cumulative return in cash sums $92,903. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,717/mo property income instead of your personal income.
Single Family
Built in 1915
8,712 sqft lot
$N/A/sqft
No HOA
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Listed by: Jill Roghair • LPT Realty, LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #720025
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.