1003 3rd AveVintonIA52349
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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
Investment property for sale in Vinton at 1003 3rd Ave, Vinton, IA, 52349 listed at $139,900 pairs $930/mo rent with a $685/mo payment to leave $16/mo cash flow. Total monthly income runs $930/mo, and annual cash flow reaches $191/yr on $46,377 cash to close. Return on cash invested measures 20.32% in year one, and rental yield registers 7.98% at a $139,900 basis. Equity gained on principal adds $903/yr, and annual property appreciation at 5% supports $38,652 by year five. Five-year ROI tracks 105.5% and total cumulative return in cash totals $48,927. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $930/mo property income relative to a $685/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1915
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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Listed by: Tamara Stark-Mahood • Iowa Land Management & Real Estate
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6316852
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.