910 Washington StEldoraIA50627
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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 Eldora at 910 Washington St, Eldora, IA, 50627 offers $600/mo rent that, after a $563/mo payment. Total monthly income is $600/mo. Return on cash invested measures 15.28% in year one, and rental yield stands at 6.26% at a $115,000 entry. Equity gained on principal adds $742/yr while 5% annual appreciation compounds into $31,772 by year five. Five-year ROI records 78.43% and total cumulative return in cash reaches $29,901. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $600/mo property income versus a $563/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50627, Eldora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,579 (100%) |
| Owner Occupied HU | 997 (63.1%) |
| Renter Occupied HU | 372 (23.6%) |
| Vacant Housing Units | 210 (13.3%) |
| Median Home Value | $147,877 |
| Average Home Value | $198,348 |
Housing Distribution
Address Breakdown
Residential
1,416
Single Family
1,352
Multi-Family
64
Businesses
143
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