113 Pedersen StWest BranchIA52358
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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 West Branch at 113 Pedersen St, West Branch, IA, 52358 uses $82,544 cash to close to unlock $5,659/yr annual cash flow and $472/mo monthly cash flow. Total monthly income runs $2,189/mo, and a $1,219/mo payment keeps the spread at $472/mo. Purchase price stands at $249,000, and rental yield measures 10.55% with $2,189/mo rent. Return on cash invested shows 26.77% in year one, and 5% annual appreciation builds toward $68,794 over five years. Five-year ROI reaches 140.56% and total cumulative return in cash records $116,024. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,189/mo property income covering a $1,219/mo payment rather than investor’s personal income.
Condo
Built in 2017
N/A lot
$N/A/sqft
$1,200 annually HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52358, West Branch, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,903 (100%) |
| Owner Occupied HU | 1,433 (75.3%) |
| Renter Occupied HU | 319 (16.8%) |
| Vacant Housing Units | 151 ( 7.9%) |
| Median Home Value | $298,664 |
| Average Home Value | $326,218 |
Housing Distribution
Address Breakdown
Residential
1,691
Single Family
1,649
Multi-Family
42
Businesses
110
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Listed by: Chris Eden • GATEWAY ACCESS REALTY
Mls Name: Iowa City Area AOR
Mls Provider:
Mls ID: #202405113
Disclaimer: IDX information is provided exclusively for consumers personal, non-commercial use, that it 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 accurate by the MLS.