116 Arlington AveVan MeterIA50261
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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 Van Meter at 116 Arlington Ave, Van Meter, IA, 50261 priced at $269,900 converts $2,220/mo rent into $467/mo cash flow after a $1,321/mo obligation. Total monthly income equals $2,220/mo, and annual cash flow totals $5,606/yr on $89,472 invested. Return on cash invested prints 26.17% in year one, and rental yield reads 9.87% against a $269,900 entry. Equity gained on principal adds $1,742/yr, while 5% annual appreciation compiles into $74,568 by year five. Five-year ROI reaches 136.89% and total cumulative return in cash sums $122,478. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,220/mo property income covering a $1,321/mo payment, not borrower’s personal income.
Single Family
Built in 1976
10,428 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50261, Van Meter, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,207 (100%) |
| Owner Occupied HU | 982 (81.4%) |
| Renter Occupied HU | 119 ( 9.9%) |
| Vacant Housing Units | 106 ( 8.8%) |
| Median Home Value | $523,148 |
| Average Home Value | $553,473 |
Housing Distribution
Address Breakdown
Residential
1,026
Single Family
1,014
Multi-Family
12
Businesses
39
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