113 3rd Ave NETitonkaIA50480
Nearby investment properties with comparable rents
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 Titonka at 113 3rd Ave NE, Titonka, IA, 50480 with 5% annual appreciation on a $135,000 basis while $1,077/mo rent supports operations. Total monthly income totals $1,077/mo and a $661/mo payment preserves $200/mo for cash returns. Annual cash flow comes to $2,400/yr on $44,753 deployed, and return on cash invested reaches 25.27% in year one. Equity gained on principal adds $871/yr, and five-year appreciation sums $37,298 alongside rental yield of 9.57%. Five-year ROI measures 132.01% and total cumulative return in cash totals $59,077.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,077/mo property income versus a $661/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1948
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50480, Titonka, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 455 (100%) |
| Owner Occupied HU | 322 (70.8%) |
| Renter Occupied HU | 57 (12.5%) |
| Vacant Housing Units | 76 (16.7%) |
| Median Home Value | $109,524 |
| Average Home Value | $169,425 |
Housing Distribution
Address Breakdown
Residential
237
Single Family
237
Multi-Family
0
Businesses
20
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Nearby investment properties with comparable prices
Listed by: Heather Allen • Leland Realty
Mls Name: NorthstarMLS as distributed by MLS GRID
Mls Provider:
Mls ID: #6693307
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