103 S 3rd 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 103 S 3rd St, Winterset, IA, 50273 generates $1,230/mo in rent and, after a $710/mo payment, leaves $288/mo in cash flow. Total monthly income is $1,230/mo, and annual cash flow is $3,456/yr on $48,068 invested. Return on cash invested sits at 27.1% in year one, and rental yield is 10.18% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 141.79% and total cumulative return in cash sums $68,156. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,230/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,356 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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