113 E Vinton StCoggonIA52218
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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 Coggon at 113 E Vinton St, Coggon, IA, 52218 generates $1,159/mo in rent and, after a $710/mo payment, leaves $217/mo in cash flow. Total monthly income is $1,159/mo, and annual cash flow is $2,604/yr on $48,068 invested. Return on cash invested sits at 25.33% in year one, and rental yield is 9.59% on a $145,000 entry. Equity gained on principal adds $936/yr, while 5% annual appreciation builds toward $40,061 over five years. Five-year ROI reaches 132.31% and total cumulative return in cash sums $63,596. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,159/mo property income rather than buyer’s personal income.
Single Family
Built in 1943
9,583 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52218, Coggon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 800 (100%) |
| Owner Occupied HU | 614 (76.7%) |
| Renter Occupied HU | 110 (13.7%) |
| Vacant Housing Units | 76 ( 9.5%) |
| Median Home Value | $252,885 |
| Average Home Value | $355,464 |
Housing Distribution
Address Breakdown
Residential
556
Single Family
548
Multi-Family
8
Businesses
25
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