104 Walnut St NWBlairstownIA52209
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Blairstown at 104 Walnut St NW, Blairstown, IA, 52209 with 5% annual appreciation on a $229,900 basis while $1,667/mo rent supports operations. Total monthly income totals $1,667/mo and a $1,125/mo payment preserves $174/mo for cash returns. Annual cash flow comes to $2,090/yr on $76,212 deployed, and return on cash invested reaches 22.65% in year one. Equity gained on principal adds $1,484/yr, and five-year appreciation sums $63,517 alongside rental yield of 8.7%. Five-year ROI measures 118% and total cumulative return in cash totals $89,927.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,667/mo property income versus a $1,125/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1962
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52209, Blairstown, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 453 (100%) |
| Owner Occupied HU | 372 (82.1%) |
| Renter Occupied HU | 56 (12.4%) |
| Vacant Housing Units | 25 ( 5.5%) |
| Median Home Value | $209,804 |
| Average Home Value | $248,380 |
Housing Distribution
Address Breakdown
Residential
245
Single Family
245
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Melissa Lennie • IOWA REALTY
Mls Name: CRAAR, CDRMLS
Mls ID: #2508862