105 W Rippey AveBaxterIA50028
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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 Baxter at 105 W Rippey Ave, Baxter, IA, 50028 earns from $1,181/mo rent with a $1,468/mo payment. Total monthly income totals $1,181/mo. ROI tracks 10.65% on current figures, and rental yield reads 4.73% at a $299,900 purchase. Equity gained on principal adds $1,935/yr, and 5% annual appreciation supports $82,857 over five years. Five-year ROI reaches 53.63% and total cumulative return in cash sums $53,320. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,181/mo property income instead of your personal income.
Single Family
Built in 1920
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50028, Baxter, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 674 (100%) |
| Owner Occupied HU | 499 (74.0%) |
| Renter Occupied HU | 125 (18.5%) |
| Vacant Housing Units | 50 ( 7.4%) |
| Median Home Value | $229,237 |
| Average Home Value | $297,094 |
Housing Distribution
Address Breakdown
Residential
297
Single Family
297
Multi-Family
0
Businesses
56
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