116 Liberty StManchesterIA52057
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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 Manchester at 116 Liberty St, Manchester, IA, 52057 uses $69,615 cash to close to unlock $4,968/yr annual cash flow and $414/mo monthly cash flow. Total monthly income runs $1,778/mo, and a $1,028/mo payment keeps the spread at $414/mo. Purchase price stands at $210,000, and rental yield measures 10.16% with $1,778/mo rent. Return on cash invested shows 27.05% in year one, and 5% annual appreciation builds toward $58,019 over five years. Five-year ROI reaches 141.49% and total cumulative return in cash records $98,500. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,778/mo property income covering a $1,028/mo payment rather than investor’s personal income.
Single Family
Built in 1915
5,575 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52057, Manchester, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,586 (69.9%) |
| Renter Occupied HU | 837 (22.6%) |
| Vacant Housing Units | 274 ( 7.4%) |
| Median Home Value | $175,820 |
| Average Home Value | $261,470 |
Housing Distribution
Address Breakdown
Residential
3,632
Single Family
3,379
Multi-Family
253
Businesses
345
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Listed by: Teresa J Turnis • Keller Williams Legacy Group-Manchester
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254329