103 10th Ave SWMount VernonIA52314
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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 Mount Vernon at 103 10th Ave SW, Mount Vernon, IA, 52314 earns $165/mo cash flow from $2,503/mo rent with a $1,762/mo payment. Total monthly income totals $2,503/mo, and annual cash flow totals $1,981/yr on $119,323 capital. ROI tracks 21.57% on current figures, and rental yield reads 8.34% at a $359,950 purchase. Equity gained on principal adds $2,323/yr, and 5% annual appreciation supports $99,448 over five years. Five-year ROI reaches 112.18% and total cumulative return in cash sums $133,854. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,503/mo property income instead of your personal income.
Single Family
Built in 1910
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52314, Mount Vernon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,143 (100%) |
| Owner Occupied HU | 1,617 (75.5%) |
| Renter Occupied HU | 379 (17.7%) |
| Vacant Housing Units | 147 ( 6.9%) |
| Median Home Value | $330,475 |
| Average Home Value | $363,694 |
Housing Distribution
Address Breakdown
Residential
2,012
Single Family
1,944
Multi-Family
68
Businesses
186
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Listed by: Meridith Hoffman • Pinnacle Realty LLC
Mls Name: CRAAR, CDRMLS
Mls ID: #2600313