1013 Highway 69New VirginiaIA50210
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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 New Virginia at 1013 Highway 69, New Virginia, IA, 50210 earns from $0/mo rent with a $1,199/mo payment. Total monthly income totals $0/mo. ROI tracks -3.6% on current figures, and rental yield reads 0% at a $245,000 purchase. Equity gained on principal adds $1,581/yr, and 5% annual appreciation supports $67,689 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Manufactured
Built in 1989
1.94 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50210, New Virginia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 708 (85.1%) |
| Renter Occupied HU | 73 ( 8.8%) |
| Vacant Housing Units | 51 ( 6.1%) |
| Median Home Value | $348,630 |
| Average Home Value | $398,302 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
29
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Listed by: Dustin Crawford • Iowa Home & Land Realty
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6333292