109 Country View DrMechanicsvilleIA52306
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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 Mechanicsville at 109 Country View Dr, Mechanicsville, IA, 52306 priced at $295,000 pairs $1,885/mo rent with after a $1,444/mo payment. Total monthly income equals $1,885/mo. Return on cash invested is 19.53% in year one, and rental yield stands at 7.67% on a $295,000 basis. Equity gained on principal adds $1,904/yr, and 5% annual appreciation accumulates to $81,503 by year five. Five-year ROI measures 101.19% and total cumulative return in cash reaches $98,954. For financing, Ziffy Mortgage’s DSCR program evaluates $1,885/mo property income against a $1,444/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1999
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52306, Mechanicsville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 744 (100%) |
| Owner Occupied HU | 580 (78.0%) |
| Renter Occupied HU | 104 (14.0%) |
| Vacant Housing Units | 60 ( 8.1%) |
| Median Home Value | $183,984 |
| Average Home Value | $233,233 |
Housing Distribution
Address Breakdown
Residential
493
Single Family
493
Multi-Family
0
Businesses
39
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Listed by: Twins Home Team • Lee's Town & Country Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2502559
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.