1004 Grant StScrantonIA51462
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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 Scranton at 1004 Grant St, Scranton, IA, 51462 offers a 0% rental yield on a $130,000 purchase with $0/mo rent. 59% in year one. Equity gained on principal adds $839/yr while 5% annual appreciation supports $35,917 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $636/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
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
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