1101 310th StBurtIA50522
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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 Burt at 1101 310th St, Burt, IA, 50522 listed at $387,000 pairs $1,080/mo rent with a $1,894/mo payment. Total monthly income runs $1,080/mo. Return on cash invested measures 6.5% in year one, and rental yield registers 3.35% at a $387,000 basis. Equity gained on principal adds $2,497/yr, and annual property appreciation at 5% supports $106,921 by year five. Five-year ROI tracks 31.35% and total cumulative return in cash totals $40,214. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,080/mo property income relative to a $1,894/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
4.50 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50522, Burt, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 337 (100%) |
| Owner Occupied HU | 245 (72.7%) |
| Renter Occupied HU | 55 (16.3%) |
| Vacant Housing Units | 37 (11.0%) |
| Median Home Value | $96,111 |
| Average Home Value | $157,235 |
Housing Distribution
Address Breakdown
Residential
173
Single Family
173
Multi-Family
0
Businesses
22
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Listed by: Brad Hoover • Weichert, REALTORS-The 515 Agency
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6320072
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.