111 E 2nd AveArthurIA51431
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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 Arthur at 111 E 2nd Ave, Arthur, IA, 51431 offers a 15.19% rental yield on a $115,000 purchase with $1,456/mo rent. Total monthly income registers $1,456/mo, and a $563/mo payment leaves $709/mo available for distribution. Annual cash flow reaches $8,508/yr on $38,123 to close, and return on cash invested stands at 42.23% in year one. Equity gained on principal adds $742/yr while 5% annual appreciation supports $31,772 over five years. Portfolio math shows five-year ROI at 222.92% and total cumulative return in cash at $84,981. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,456/mo property income against a $563/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1976
7,200 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51431, Arthur, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 188 (100%) |
| Owner Occupied HU | 127 (67.6%) |
| Renter Occupied HU | 36 (19.1%) |
| Vacant Housing Units | 25 (13.3%) |
| Median Home Value | $110,938 |
| Average Home Value | $178,543 |
Housing Distribution
Address Breakdown
Residential
75
Single Family
75
Multi-Family
0
Businesses
16
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