_____ 537th StRussellIA50238
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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 Russell at _____ 537th St, Russell, IA, 50238 generates $1,249/mo in rent, after a $2,148/mo payment. Total monthly income is $1,249/mo. Return on cash invested sits at 6.7% in year one, and rental yield is 3.42% on a $438,805 entry. Equity gained on principal adds $2,832/yr, while 5% annual appreciation builds toward $121,234 over five years. Five-year ROI reaches 32.41% and total cumulative return in cash sums $47,143. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,249/mo property income rather than buyer’s personal income.
Single Family
Built in N/A
56.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50238, Russell, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 509 (100%) |
| Owner Occupied HU | 383 (75.2%) |
| Renter Occupied HU | 59 (11.6%) |
| Vacant Housing Units | 67 (13.2%) |
| Median Home Value | $84,375 |
| Average Home Value | $145,202 |
Housing Distribution
Address Breakdown
Residential
435
Single Family
435
Multi-Family
0
Businesses
14
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