1004 Magnolia DrManningIA51455
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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
Total monthly income runs $575/mo, and a $1,512/mo payment. Purchase price stands at $308,900, and rental yield measures 2.23% with $575/mo rent. Return on cash invested shows 3.14% in year one, and 5% annual appreciation builds toward $85,343 over five years. Five-year ROI reaches 13.31% and total cumulative return in cash records $13,630. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $575/mo property income covering a $1,512/mo payment rather than investor’s personal income.
Single Family
Built in 2024
2,840 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51455, Manning, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,020 (100%) |
| Owner Occupied HU | 699 (68.5%) |
| Renter Occupied HU | 199 (19.5%) |
| Vacant Housing Units | 122 (12.0%) |
| Median Home Value | $167,500 |
| Average Home Value | $226,445 |
Housing Distribution
Address Breakdown
Residential
928
Single Family
923
Multi-Family
5
Businesses
86
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