117 E Cronkhite StKnoxvilleIA50138
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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 Knoxville at 117 E Cronkhite St, Knoxville, IA, 50138 with 5% annual appreciation on a $155,000 basis while $1,198/mo rent supports operations. Total monthly income totals $1,198/mo and a $759/mo payment preserves $191/mo for cash returns. Annual cash flow comes to $2,292/yr on $51,383 deployed, and return on cash invested reaches 24.37% in year one. Equity gained on principal adds $1,000/yr, and five-year appreciation sums $42,824 alongside rental yield of 9.27%. Five-year ROI measures 127.15% and total cumulative return in cash totals $65,332.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,198/mo property income versus a $759/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1950
6,442 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50138, Knoxville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,323 (100%) |
| Owner Occupied HU | 3,596 (67.6%) |
| Renter Occupied HU | 1,312 (24.6%) |
| Vacant Housing Units | 415 ( 7.8%) |
| Median Home Value | $202,144 |
| Average Home Value | $259,265 |
Housing Distribution
Address Breakdown
Residential
5,154
Single Family
4,661
Multi-Family
493
Businesses
394
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