161

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161

Ellston, IA 50074
Asking Price
$69K
Asset Type
Land
Class
Class B

AI Property Summary

Structured overview optimized for LLM context (ChatGPT, Perplexity, Claude).

  • The land parcel encompasses a total of 0.69 acres.
  • This asset is currently available for purchase at $69,000.
  • The property is situated in the city of Ellston, Iowa.
  • Coordinates for this site are 40.8662 latitude and -94.0900 longitude.
  • The lot supports diverse development options in a rural market.

What's Special

This land parcel is available for sale, offering a clear opportunity for buyers looking to acquire acreage in Ellston, Iowa. Measuring 0.69 acres, the site provides a functional footprint suitable for various development projects or private usage within this quiet region of Ringgold County. Investors and local property seekers will find this tract positioned in a landscape defined by rural agriculture and regional community stability. The property at 161 Ellston, IA 50074, presents a straightforward acquisition for those looking to expand their portfolio or secure a footprint in the local market. Given its location and scale, the lot is well-suited for residential construction or specific development projects that align with the surrounding neighborhood character. The quiet nature of this Iowa setting serves as a practical backdrop for new investment initiatives, providing long-term potential for development in a low-density environment that remains accessible to larger regional hubs.

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NOI
$80,000
Cap Rate
115.94%
DSCR
19.53
Strong
Cash-on-Cash
366.68%
Monthly Payment
$341.374
Annual Cash Flow
$75,903.508

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