112 S Wright StWheatlandIA52777
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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 Wheatland at 112 S Wright St, Wheatland, IA, 52777 priced at $120,000 converts $922/mo rent into $143/mo cash flow after a $587/mo obligation. Total monthly income equals $922/mo, and annual cash flow totals $1,716/yr on $39,780 invested. Return on cash invested prints 24.22% in year one, and rental yield reads 9.22% against a $120,000 entry. Equity gained on principal adds $774/yr, while 5% annual appreciation compiles into $33,154 by year five. Five-year ROI reaches 126.35% and total cumulative return in cash sums $50,263. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $922/mo property income covering a $587/mo payment, not borrower’s personal income.
Single Family
Built in 1900
0.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52777, Wheatland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 395 (66.9%) |
| Renter Occupied HU | 136 (23.1%) |
| Vacant Housing Units | 59 ( 10.0%) |
| Median Home Value | $184,028 |
| Average Home Value | $232,886 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
334
Multi-Family
14
Businesses
44
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