Lots 1 4 Oak DrPaloIA52324
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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 Palo at Lots 1 4 Oak Dr, Palo, IA, 52324 priced at $100,000 converts $1,536/mo rent into $875/mo cash flow after a $489/mo obligation. Total monthly income equals $1,536/mo, and annual cash flow totals $10,494/yr on $33,150 invested. Return on cash invested prints 51.57% in year one, and rental yield reads 18.43% against a $100,000 entry. Equity gained on principal adds $645/yr, while 5% annual appreciation compiles into $27,628 by year five. Five-year ROI reaches 273.24% and total cumulative return in cash sums $90,580. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,536/mo property income covering a $489/mo payment, not borrower’s personal income.
Lot
Built in N/A
0.38 Acres lot
$N/A/sqft
$150 annually HOA
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Listed by: Heather Morris • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2400606
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.