107 N Park AveNew SharonIA50207
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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 New Sharon at 107 N Park Ave, New Sharon, IA, 50207 listed at $295,000 pairs $0/mo rent with a $1,444/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.6% in year one, and rental yield registers 0% at a $295,000 basis. Equity gained on principal adds $1,904/yr, and annual property appreciation at 5% supports $81,503 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,444/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Multi Family
Built in 1976
0.33 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50207, New Sharon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,045 (100%) |
| Owner Occupied HU | 732 (70.0%) |
| Renter Occupied HU | 206 (19.7%) |
| Vacant Housing Units | 107 (10.2%) |
| Median Home Value | $230,159 |
| Average Home Value | $291,499 |
Housing Distribution
Address Breakdown
Residential
719
Single Family
684
Multi-Family
35
Businesses
64
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No similar rental properties found nearby.
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Listed by: Steve Widmer • RE/MAX Precision
Mls Name: DMMLS
Mls ID: #731033