111 W Maple StCentervilleIA52544
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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 Centerville at 111 W Maple St, Centerville, IA, 52544 priced at $295,000 converts $2,080/mo rent into $159/mo cash flow after a $1,444/mo obligation. Total monthly income equals $2,080/mo, and annual cash flow totals $1,903/yr on $97,793 invested. Return on cash invested prints 21.86% in year one, and rental yield reads 8.46% against a $295,000 entry. Equity gained on principal adds $1,904/yr, while 5% annual appreciation compiles into $81,503 by year five. Five-year ROI reaches 113.72% and total cumulative return in cash sums $111,206. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,080/mo property income covering a $1,444/mo payment, not borrower’s personal income.
Single Family
Built in 1885
0.46 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52544, Centerville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,695 (100%) |
| Owner Occupied HU | 2,047 (55.4%) |
| Renter Occupied HU | 1,129 (30.6%) |
| Vacant Housing Units | 519 (14.0%) |
| Median Home Value | $145,486 |
| Average Home Value | $181,729 |
Housing Distribution
Address Breakdown
Residential
3,407
Single Family
3,084
Multi-Family
323
Businesses
384
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Listed by: Penny Sharp • Sunrise Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6318681
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.