1200 E Grant StCentervilleIA52544
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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 Centerville at 1200 E Grant St, Centerville, IA, 52544 offers a 0% rental yield on a $259,000 purchase with $0/mo rent. 61% in year one. Equity gained on principal adds $1,671/yr while 5% annual appreciation supports $71,557 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $1,268/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1974
0.29 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52544, Centerville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,695 (100%) |
| Owner Occupied HU | 2,047 (55.4%) |
| Renter Occupied HU | 1,129 (30.6%) |
| Vacant Housing Units | 519 (14.0%) |
| Median Home Value | $145,486 |
| Average Home Value | $181,729 |
Housing Distribution
Address Breakdown
Residential
3,407
Single Family
3,084
Multi-Family
323
Businesses
384
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No similar rental properties found nearby.
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Listed by: Jodie S McCoy • Real McCoy Realty LLC
Mls Name: NoCoast MLS as distributed by MLS GRID
Mls ID: #6332555