102 Davenport StMingoIA50168
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
Rental property for sale in Mingo at 102 Davenport St, Mingo, IA, 50168 generates $1,903/mo in rent, after a $1,615/mo payment. Total monthly income is $1,903/mo. Return on cash invested sits at 17.28% in year one, and rental yield is 6.92% on a $329,900 entry. Equity gained on principal adds $2,129/yr, while 5% annual appreciation builds toward $91,145 over five years. Five-year ROI reaches 89.18% and total cumulative return in cash sums $97,527. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,903/mo property income rather than buyer’s personal income.
Single Family
Built in 2002
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50168, Mingo, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 382 (100%) |
| Owner Occupied HU | 330 (86.4%) |
| Renter Occupied HU | 28 ( 7.3%) |
| Vacant Housing Units | 24 ( 6.3%) |
| Median Home Value | $339,024 |
| Average Home Value | $360,644 |
Housing Distribution
Address Breakdown
Residential
308
Single Family
308
Multi-Family
0
Businesses
8
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Reents, Janet • Realty ONE Group Impact
Mls Name: DMMLS
Mls Provider:
Mls ID: #718700
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.