Eisenhower Plan, Grand Ridge EstatesLx3ypa Van MeterIA50038
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Lx3ypa Van Meter at Eisenhower Plan, Grand Ridge Estates, Lx3ypa Van Meter, IA, 50038 earns $461/mo cash flow from $2,393/mo rent with a $1,456/mo payment. Total monthly income totals $2,393/mo, and annual cash flow totals $5,532/yr on $98,621 capital. ROI tracks 25.52% on current figures, and rental yield reads 9.65% at a $297,500 purchase. Equity gained on principal adds $1,920/yr, and 5% annual appreciation supports $82,194 over five years. Five-year ROI reaches 133.3% and total cumulative return in cash sums $131,467. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,393/mo property income instead of your personal income.
Single Family
Built in 2026
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50038, Booneville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 99 (100%) |
| Owner Occupied HU | 70 (70.7%) |
| Renter Occupied HU | 27 (27.3%) |
| Vacant Housing Units | 2 ( 2.0%) |
| Median Home Value | $607,143 |
| Average Home Value | $637,929 |
Housing Distribution
Address Breakdown
Residential
104
Single Family
104
Multi-Family
0
Businesses
8
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Listed by: N/A • Greenland Homes IA
Mls Name: Greenland Homes
Mls ID: #N/A