1120 Blaine StLarchwoodIA51241
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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 Larchwood at 1120 Blaine St, Larchwood, IA, 51241 priced at $289,900 pairs $1,074/mo rent with after a $1,419/mo payment. Total monthly income equals $1,074/mo. Return on cash invested is 9.81% in year one, and rental yield stands at 4.45% on a $289,900 basis. Equity gained on principal adds $1,871/yr, and 5% annual appreciation accumulates to $80,094 by year five. Five-year ROI measures 49.12% and total cumulative return in cash reaches $47,205. For financing, Ziffy Mortgage’s DSCR program evaluates $1,074/mo property income against a $1,419/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1978
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51241, Larchwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 783 (100%) |
| Owner Occupied HU | 621 (79.3%) |
| Renter Occupied HU | 113 (14.4%) |
| Vacant Housing Units | 49 ( 6.3%) |
| Median Home Value | $328,198 |
| Average Home Value | $331,272 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
560
Multi-Family
24
Businesses
52
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Listed by: Brett Sichmeller • Alpine Residential
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #828581
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.