1022 W Washington StWintersetIA50273
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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
Rental property for sale in Winterset at 1022 W Washington St, Winterset, IA, 50273 generates $1,594/mo in rent and, after a $871/mo payment, leaves $438/mo in cash flow. Total monthly income is $1,594/mo, and annual cash flow is $5,258/yr on $59,007 invested. Return on cash invested sits at 28.82% in year one, and rental yield is 10.75% on a $178,000 entry. Equity gained on principal adds $1,149/yr, while 5% annual appreciation builds toward $49,178 over five years. Five-year ROI reaches 151.1% and total cumulative return in cash sums $89,161. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,594/mo property income rather than buyer’s personal income.
Single Family
Built in 1970
9,313 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Housing Distribution
Address Breakdown
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
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