1015 Main StJesupIA50648
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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 Jesup at 1015 Main St, Jesup, IA, 50648 earns from $1,475/mo rent with a $1,248/mo payment. Total monthly income totals $1,475/mo. ROI tracks 14.97% on current figures, and rental yield reads 6.94% at a $255,000 purchase. Equity gained on principal adds $1,645/yr, and 5% annual appreciation supports $70,452 over five years. Five-year ROI reaches 77.67% and total cumulative return in cash sums $65,660. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,475/mo property income instead of your personal income.
Condo
Built in 1996
8,450 sqft lot
$N/A/sqft
$2,000 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50648, Jesup, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,697 (100%) |
| Owner Occupied HU | 1,313 (77.4%) |
| Renter Occupied HU | 256 (15.1%) |
| Vacant Housing Units | 128 ( 7.5%) |
| Median Home Value | $226,541 |
| Average Home Value | $260,499 |
Housing Distribution
Address Breakdown
Residential
1,470
Single Family
1,446
Multi-Family
24
Businesses
97
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Listed by: Madison Cornwell • Berkshire Hathaway Home Services One Realty Centre
Mls Name: Northeast Iowa Regional BOR
Mls Provider:
Mls ID: #20252653
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