108th AveNew VirginiaIA50210
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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 Virginia at 108th Ave, New Virginia, IA, 50210 at $371,160 posts ROI 22.1% with $225/mo cash flow from $2,636/mo rent. Total monthly income equals $2,636/mo, and annual cash flow records $2,702/yr on $123,040 to close. Return on cash invested measures 22.1% and rental yield reads 8.52% at the current $371,160. Equity gained on principal adds $2,395/yr, and 5% annual appreciation supports $102,545 by year five. Five-year ROI prints 115.05% and total cumulative return in cash totals $141,561.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $2,636/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in N/A
30.93 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50210, New Virginia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 708 (85.1%) |
| Renter Occupied HU | 73 ( 8.8%) |
| Vacant Housing Units | 51 ( 6.1%) |
| Median Home Value | $348,630 |
| Average Home Value | $398,302 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
29
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Listed by: Daran A Becker • Peoples Company
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326865
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.