106 E Patterson StWinfieldIA52659
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
Rental property for sale in Winfield at 106 E Patterson St, Winfield, IA, 52659 priced at $110,000 pairs $948/mo rent with $234/mo cash flow after a $538/mo payment. Total monthly income equals $948/mo, and annual cash flow comes to $2,808/yr on $36,465 invested. Return on cash invested is 27.61% in year one, and rental yield stands at 10.34% on a $110,000 basis. Equity gained on principal adds $710/yr, and 5% annual appreciation accumulates to $30,391 by year five. Five-year ROI measures 144.53% and total cumulative return in cash reaches $52,704. For financing, Ziffy Mortgage’s DSCR program evaluates $948/mo property income against a $538/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52659, Winfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 689 (100%) |
| Owner Occupied HU | 450 (65.3%) |
| Renter Occupied HU | 157 (22.8%) |
| Vacant Housing Units | 82 (11.9%) |
| Median Home Value | $126,563 |
| Average Home Value | $219,211 |
Housing Distribution
Address Breakdown
Residential
522
Single Family
522
Multi-Family
0
Businesses
37
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Dennis J Ebersole • Meadow and Main Inc.
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329668
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.