1009 330th StBurtIA50522
Nearby investment properties with comparable rents
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
Investment Highlights
Investment property for sale in Burt at 1009 330th St, Burt, IA, 50522 offers a 2.7% rental yield on a $239,900 purchase with $540/mo rent. 55% in year one. Equity gained on principal adds $1,548/yr while 5% annual appreciation supports $66,280 over five years. Portfolio math shows five-year ROI at 20.94% and total cumulative return in cash at $16,651. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $540/mo property income against a $1,174/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
10 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50522, Burt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 245 (72.7%) |
| Renter Occupied HU | 55 (16.3%) |
| Vacant Housing Units | 37 (11.0%) |
| Median Home Value | $96,111 |
| Average Home Value | $157,235 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
22
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Leroy Hoffman • Farm & Home Services
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326627
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.