1033 Mechanic StOsageIA50461
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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 Osage at 1033 Mechanic St, Osage, IA, 50461 generates $1,558/mo in rent and, after a $832/mo payment, leaves $454/mo in cash flow. Total monthly income is $1,558/mo, and annual cash flow is $5,448/yr on $56,355 invested. Return on cash invested sits at 29.58% in year one, and rental yield is 11% on a $170,000 entry. Equity gained on principal adds $1,097/yr, while 5% annual appreciation builds toward $46,968 over five years. Five-year ROI reaches 155.08% and total cumulative return in cash sums $87,393. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,558/mo property income rather than buyer’s personal income.
Single Family
Built in 1872
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50461, Osage, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,736 (100%) |
| Owner Occupied HU | 1,872 (68.4%) |
| Renter Occupied HU | 573 (20.9%) |
| Vacant Housing Units | 291 (10.6%) |
| Median Home Value | $193,555 |
| Average Home Value | $251,899 |
Housing Distribution
Address Breakdown
Residential
2,500
Single Family
2,437
Multi-Family
63
Businesses
244
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Listed by: RYAN KETELSEN • Century 21 Preferred
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #250400
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.