115 S 4th AveLoganIA51546
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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 Logan at 115 S 4th Ave, Logan, IA, 51546 generates $0/mo in rent, after a $808/mo payment. Total monthly income is $0/mo. Return on cash invested sits at -3.61% in year one, and rental yield is 0% on a $165,000 entry. Equity gained on principal adds $1,065/yr, while 5% annual appreciation builds toward $45,586 over five years. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $0/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
4,356 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51546, Logan, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,242 (100%) |
| Owner Occupied HU | 881 (70.9%) |
| Renter Occupied HU | 247 (19.9%) |
| Vacant Housing Units | 114 ( 9.2%) |
| Median Home Value | $212,421 |
| Average Home Value | $255,352 |
Housing Distribution
Address Breakdown
Residential
1,148
Single Family
1,129
Multi-Family
19
Businesses
96
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Listed by: Patricia Reisz • Realty One Group Sterling - Woodbine
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6327287
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