1009 Edgerley StLarchwoodIA51241
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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 Larchwood at 1009 Edgerley St, Larchwood, IA, 51241 offers a 6.22% rental yield on a $225,000 purchase with $1,166/mo rent. 16% in year one. Equity gained on principal adds $1,452/yr while 5% annual appreciation supports $62,163 over five years. Portfolio math shows five-year ROI at 77.78% and total cumulative return in cash at $58,017. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,166/mo property income against a $1,101/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1920
9,965 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51241, Larchwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 783 (100%) |
| Owner Occupied HU | 621 (79.3%) |
| Renter Occupied HU | 113 (14.4%) |
| Vacant Housing Units | 49 ( 6.3%) |
| Median Home Value | $328,198 |
| Average Home Value | $331,272 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
560
Multi-Family
24
Businesses
52
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