117 E Woodland AveOttumwaIA52501
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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 Ottumwa at 117 E Woodland Ave, Ottumwa, IA, 52501 offers a 9.63% rental yield on a $150,500 purchase with $1,208/mo rent. Total monthly income registers $1,208/mo, and a $737/mo payment leaves $168/mo available for distribution. Annual cash flow reaches $2,022/yr on $49,891 to close, and return on cash invested stands at 23.96% in year one. Equity gained on principal adds $971/yr while 5% annual appreciation supports $41,580 over five years. Portfolio math shows five-year ROI at 125.54% and total cumulative return in cash at $62,635. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,208/mo property income against a $737/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Multi Family
Built in 1920
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52501, Ottumwa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,418 (100%) |
| Owner Occupied HU | 8,019 (59.8%) |
| Renter Occupied HU | 3,871 (28.8%) |
| Vacant Housing Units | 1,528 (11.4%) |
| Median Home Value | $141,927 |
| Average Home Value | $197,013 |
Housing Distribution
Address Breakdown
Residential
12,449
Single Family
11,498
Multi-Family
951
Businesses
1,031
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Listed by: Sarah Johnson • Bridge City Realty
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6319327
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.