116 N 3rd AveVilliscaIA50864
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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 Villisca at 116 N 3rd Ave, Villisca, IA, 50864 generates $0/mo in rent, after a $1,268/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 $259,000 entry. Equity gained on principal adds $1,671/yr, while 5% annual appreciation builds toward $71,557 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 1855
0.62 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50864, Villisca, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 854 (100%) |
| Owner Occupied HU | 591 (69.2%) |
| Renter Occupied HU | 156 (18.3%) |
| Vacant Housing Units | 107 (12.5%) |
| Median Home Value | $109,342 |
| Average Home Value | $158,232 |
Housing Distribution
Address Breakdown
Residential
813
Single Family
767
Multi-Family
46
Businesses
63
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No similar rental properties found nearby.
Nearby investment properties with comparable prices