103 Granite StOnawaIA51040
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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 Onawa at 103 Granite St, Onawa, IA, 51040 uses $61,328 cash to close to unlock $6,960/yr annual cash flow and $580/mo monthly cash flow. Total monthly income runs $1,781/mo, and a $905/mo payment keeps the spread at $580/mo. Purchase price stands at $185,000, and rental yield measures 11.55% with $1,781/mo rent. Return on cash invested shows 31.26% in year one, and 5% annual appreciation builds toward $51,112 over five years. Five-year ROI reaches 164.09% and total cumulative return in cash records $100,635. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,781/mo property income covering a $905/mo payment rather than investor’s personal income.
Single Family
Built in 200
8,276 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51040, Onawa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,799 (100%) |
| Owner Occupied HU | 1,076 (59.8%) |
| Renter Occupied HU | 497 (27.6%) |
| Vacant Housing Units | 226 (12.6%) |
| Median Home Value | $150,485 |
| Average Home Value | $167,786 |
Housing Distribution
Address Breakdown
Residential
1,566
Single Family
1,465
Multi-Family
101
Businesses
177
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Listed by: Brent Mccall • McCall Auctions & Real Estate
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828429
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.