LOT 20  106 Meadow Loop

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LOT 20 106 Meadow Loop

Shelby, IA 51570
Asking Price
$30K
Asset Type
Land
Class
Class B

AI Property Summary

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

  • The available land parcel encompasses 0.27 acres of total space.
  • This property is located at 106 Meadow Loop in Shelby.
  • The asking price for this residential land lot is $30,000.
  • Shelby provides a stable environment for new real estate development.
  • This site is suitable for residential or long-term investment purposes.

What's Special

Shelby, Iowa, serves as a growing suburban market within the regional landscape, offering a quiet environment for new development. Located at 106 Meadow Loop, this 0.27-acre land parcel presents a clean slate for residential construction or private use. The site is situated in a community that values accessibility and steady growth, making it a practical choice for investors or individuals seeking to build in a stable setting. Proximity to local thoroughfares facilitates easy commuting for those working in the broader metro area. This level lot is well-positioned for those looking to secure a foothold in a developing neighborhood. Its specific dimensions and positioning provide flexible options for building footprints, whether for a primary residence or a long-term investment property. The land at Lot 20 offers a straightforward acquisition for buyers interested in the Shelby market.

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NOI
$80,000
Cap Rate
266.67%
DSCR
44.92
Strong
Cash-on-Cash
869.10%
Monthly Payment
$148.424
Annual Cash Flow
$78,218.916

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