1004 Grant StScrantonIA51462
INVESTMENT ANALYSIS
Investment Verdict
Appreciation PlayAt a 0% gross rental yield, 1004 Grant St, Scranton, IA, 51462 in Scranton is priced for capital growth, not immediate cash flow. The $130,000 purchase reflects market confidence in future value: at 5%/yr, the property is forecast to gain $35,917 by year five, with $1,197/yr in additional equity from loan paydown. Ziffy Mortgage's DSCR mortgage (0.00) qualifies for non-U.S. residents without personal income documents.
| This Property | City Avg | |
|---|---|---|
| Gross Rental Yield | 0% | 7.0% |
| Monthly Cash Flow | $0 | $1,500 |
City averages based on Scranton market data in our database. Property projections are estimates.
Single Family
Built in 1955
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51462, Scranton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 484 (100%) |
| Owner Occupied HU | 334 (69.0%) |
| Renter Occupied HU | 84 (17.4%) |
| Vacant Housing Units | 66 (13.6%) |
| Median Home Value | $174,419 |
| Average Home Value | $224,184 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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
Single Family
Built in 1955
8,400 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51462, Scranton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 484 (100%) |
| Owner Occupied HU | 334 (69.0%) |
| Renter Occupied HU | 84 (17.4%) |
| Vacant Housing Units | 66 (13.6%) |
| Median Home Value | $174,419 |
| Average Home Value | $224,184 |
Housing Distribution
Address Breakdown
Residential
384
Single Family
384
Multi-Family
0
Businesses
17
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices