106 2nd AvePersiaIA51563
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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 Persia at 106 2nd Ave, Persia, IA, 51563 generates $0/mo in rent, after a $1,149/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.6% in year one, and rental yield is 0% on a $234,700 entry. Equity gained on principal adds $1,514/yr, while 5% annual appreciation builds toward $64,843 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
10,454 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51563, Persia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 288 (100%) |
| Owner Occupied HU | 219 (76.0%) |
| Renter Occupied HU | 42 (14.6%) |
| Vacant Housing Units | 27 ( 9.4%) |
| Median Home Value | $235,256 |
| Average Home Value | $296,187 |
Housing Distribution
Address Breakdown
Residential
162
Single Family
162
Multi-Family
0
Businesses
7
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No similar rental properties found nearby.
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Listed by: Susie Fah • Osborn Realty
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6328047
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.