Field 3 South AveReinbeckIA50669
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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 Reinbeck at Field 3 South Ave, Reinbeck, IA, 50669 priced at $1,262,092 converts $1,020/mo rent into after a $6,177/mo obligation. Total monthly income equals $1,020/mo. Return on cash invested prints -0.69% in year one, and rental yield reads 0.97% against a $1,262,092 entry. Equity gained on principal adds $8,144/yr, while 5% annual appreciation compiles into $348,693 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,020/mo property income covering a $6,177/mo payment, not borrower’s personal income.
Single Family
Built in N/A
77 sqft lot
$N/A/sqft
No HOA
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Nearby investment properties with comparable prices
Listed by: Samantha Mears • Structure Real Estate
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20251302
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