1005 Willow 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
Rental property for sale in Manning at 1005 Willow Dr, Manning, IA, 51455 priced at $234,990 converts $575/mo rent into after a $1,150/mo obligation. Total monthly income equals $575/mo. Return on cash invested prints 2.95% in year one, and rental yield reads 2.94% against a $234,990 entry. Equity gained on principal adds $1,516/yr, while 5% annual appreciation compiles into $64,923 by year five. Five-year ROI reaches 13.2% and total cumulative return in cash sums $10,285. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $575/mo property income covering a $1,150/mo payment, not borrower’s personal income.
Single Family
Built in 2024
2,613 sqft lot
$N/A/sqft
$150 monthly 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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Listed by: Janelle Lenz Schreck • RE/MAX Professionals Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6331871
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.