941 6th St, Lake View, IA, 51450 | 7.52% Rental Yield

For Sale

Ziffy Mortgage

NMLS #2625701

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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

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Investment Highlights

Total monthly income runs $1,254/mo, and a $979/mo payment. Purchase price stands at $200,000, and rental yield measures 7.52% with $1,254/mo rent. Return on cash invested shows 19.09% in year one, and 5% annual appreciation builds toward $55,256 over five years. Five-year ROI reaches 98.85% and total cumulative return in cash records $65,540. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,254/mo property income covering a $979/mo payment rather than investor’s personal income.

Single Family

Built in 1961

8,276 sqft lot

$N/A/sqft

No HOA

Neighborhood Data

Neighborhood data shown for ZIP Code: 51450, Lake View, IA area.

Housing Distribution

Housing Statistics

Category	Value
Total HU (Housing Units)	1,059 (100%)
Owner Occupied HU	559 (52.8%)
Renter Occupied HU	146 (13.8%)
Vacant Housing Units	354 (33.4%)
Median Home Value	$232,843
Average Home Value	$269,038