1086 150th AveKnoxvilleIA50138
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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 Knoxville at 1086 150th Ave, Knoxville, IA, 50138 generates $2,435/mo in rent and, after a $1,640/mo payment, leaves $259/mo in cash flow. Total monthly income is $2,435/mo, and annual cash flow is $3,108/yr on $111,053 invested. Return on cash invested sits at 22.71% in year one, and rental yield is 8.72% on a $335,000 entry. Equity gained on principal adds $2,162/yr, while 5% annual appreciation builds toward $92,554 over five years. Five-year ROI reaches 118.23% and total cumulative return in cash sums $131,300. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,435/mo property income rather than buyer’s personal income.
Single Family
Built in 2003
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50138, Knoxville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,596 (67.6%) |
| Renter Occupied HU | 1,312 (24.6%) |
| Vacant Housing Units | 415 ( 7.8%) |
| Median Home Value | $202,144 |
| Average Home Value | $259,265 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,661
Multi-Family
493
Businesses
394
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Listed by: Ryan Roberts • Sundance Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #713574
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.