118 N 5th StWintersetIA50273
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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 Winterset at 118 N 5th St, Winterset, IA, 50273 uses $56,024 cash to close to unlock $2,215/yr annual cash flow and $185/mo monthly cash flow. Total monthly income runs $1,282/mo, and a $827/mo payment keeps the spread at $185/mo. Purchase price stands at $169,000, and rental yield measures 9.1% with $1,282/mo rent. Return on cash invested shows 23.86% in year one, and 5% annual appreciation builds toward $46,692 over five years. Five-year ROI reaches 124.46% and total cumulative return in cash records $69,727. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,282/mo property income covering a $827/mo payment rather than investor’s personal income.
Single Family
Built in 1880
7,919 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50273, Winterset, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,968 (100%) |
| Owner Occupied HU | 2,692 (67.8%) |
| Renter Occupied HU | 911 (23.0%) |
| Vacant Housing Units | 365 ( 9.2%) |
| Median Home Value | $228,438 |
| Average Home Value | $301,850 |
Housing Distribution
Address Breakdown
Residential
3,690
Single Family
3,511
Multi-Family
179
Businesses
308
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