933 E Ridge DrMalvernIA51551
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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 Malvern at 933 E Ridge Dr, Malvern, IA, 51551 priced at $265,900 pairs $1,960/mo rent with $234/mo cash flow after a $1,301/mo payment. Total monthly income equals $1,960/mo, and annual cash flow comes to $2,803/yr on $88,146 invested. Return on cash invested is 23.09% in year one, and rental yield stands at 8.85% on a $265,900 basis. Equity gained on principal adds $1,716/yr, and 5% annual appreciation accumulates to $73,463 by year five. Five-year ROI measures 120.32% and total cumulative return in cash reaches $106,054. For financing, Ziffy Mortgage’s DSCR program evaluates $1,960/mo property income against a $1,301/mo payment instead of your W2s, 1099s, or Tax returns.
Townhouse
Built in 1999
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51551, Malvern, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 773 (100%) |
| Owner Occupied HU | 551 (71.3%) |
| Renter Occupied HU | 146 (18.9%) |
| Vacant Housing Units | 76 ( 9.8%) |
| Median Home Value | $204,688 |
| Average Home Value | $250,186 |
Housing Distribution
Address Breakdown
Residential
444
Single Family
426
Multi-Family
18
Businesses
59
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