1018 S 5th StKnoxvilleIA50138
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 Knoxville at 1018 S 5th St, Knoxville, IA, 50138 uses $83,870 cash to close to unlock $4,310/yr annual cash flow and $359/mo monthly cash flow. Total monthly income runs $2,002/mo, and a $1,238/mo payment keeps the spread at $359/mo. Purchase price stands at $253,000, and rental yield measures 9.5% with $2,002/mo rent. Return on cash invested shows 25.05% in year one, and 5% annual appreciation builds toward $69,899 over five years. Five-year ROI reaches 130.85% and total cumulative return in cash records $109,744. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,002/mo property income covering a $1,238/mo payment rather than investor’s personal income.
Single Family
Built in 1964
10,123 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50138, Knoxville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,596 (67.6%) |
| Renter Occupied HU | 1,312 (24.6%) |
| Vacant Housing Units | 415 ( 7.8%) |
| Median Home Value | $202,144 |
| Average Home Value | $259,265 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,661
Multi-Family
493
Businesses
394
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Joshua Jenkins • RE/MAX Precision
Mls Name: DMMLS
Mls Provider:
Mls ID: #671095
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.