108 E Walnut StManlyIA50456
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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 Manly at 108 E Walnut St, Manly, IA, 50456 listed at $109,000 pairs $1,289/mo rent with a $534/mo payment to leave $581/mo cash flow. Total monthly income runs $1,289/mo, and annual cash flow reaches $6,967/yr on $36,134 cash to close. Return on cash invested measures 39.19% in year one, and rental yield registers 14.19% at a $109,000 basis. Equity gained on principal adds $703/yr, and annual property appreciation at 5% supports $30,115 by year five. Five-year ROI tracks 206.69% and total cumulative return in cash totals $74,686. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,289/mo property income relative to a $534/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1890
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50456, Manly, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 774 (100%) |
| Owner Occupied HU | 517 (66.8%) |
| Renter Occupied HU | 149 (19.3%) |
| Vacant Housing Units | 108 (14.0%) |
| Median Home Value | $151,716 |
| Average Home Value | $219,526 |
Housing Distribution
Address Breakdown
Residential
458
Single Family
458
Multi-Family
0
Businesses
27
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Listed by: Krystle Hesse • Realty One Group Welcome Home
Mls Name: Greater Mason BOR
Mls Provider:
Mls ID: #240615
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