1114 2nd AveVintonIA52349
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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 Vinton at 1114 2nd Ave, Vinton, IA, 52349 earns $162/mo cash flow from $909/mo rent with a $563/mo payment. Total monthly income totals $909/mo, and annual cash flow totals $1,944/yr on $38,123 capital. ROI tracks 25.01% on current figures, and rental yield reads 9.49% at a $115,000 purchase. Equity gained on principal adds $742/yr, and 5% annual appreciation supports $31,772 over five years. Five-year ROI reaches 130.59% and total cumulative return in cash sums $49,785. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $909/mo property income instead of your personal income.
Single Family
Built in 1898
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52349, Vinton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,319 (100%) |
| Owner Occupied HU | 2,371 (71.4%) |
| Renter Occupied HU | 692 (20.8%) |
| Vacant Housing Units | 256 ( 7.7%) |
| Median Home Value | $230,357 |
| Average Home Value | $266,685 |
Housing Distribution
Address Breakdown
Residential
3,182
Single Family
2,956
Multi-Family
226
Businesses
337
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