LaneCummingIA50061
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 Cumming at Lane, Cumming, IA, 50061 at $189,000 posts ROI 24.82% with $257/mo cash flow from $1,484/mo rent. Total monthly income equals $1,484/mo, and annual cash flow records $3,079/yr on $62,654 to close. Return on cash invested measures 24.82% and rental yield reads 9.42% at the current $189,000. Equity gained on principal adds $1,220/yr, and 5% annual appreciation supports $52,217 by year five. Five-year ROI prints 129.62% and total cumulative return in cash totals $81,214.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,484/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
1.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50061, Cumming, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,235 (100%) |
| Owner Occupied HU | 1,132 (91.7%) |
| Renter Occupied HU | 52 ( 4.2%) |
| Vacant Housing Units | 51 ( 4.1%) |
| Median Home Value | $489,671 |
| Average Home Value | $552,955 |
Housing Distribution
Address Breakdown
Residential
755
Single Family
755
Multi-Family
0
Businesses
35
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices