1202 N Walnut StCrestonIA50801
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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 Creston at 1202 N Walnut St, Creston, IA, 50801 earns $277/mo cash flow from $1,920/mo rent with a $1,238/mo payment. Total monthly income totals $1,920/mo, and annual cash flow totals $3,328/yr on $83,836 capital. ROI tracks 23.88% on current figures, and rental yield reads 9.11% at a $252,900 purchase. Equity gained on principal adds $1,632/yr, and 5% annual appreciation supports $69,872 over five years. Five-year ROI reaches 124.57% and total cumulative return in cash sums $104,432. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,920/mo property income instead of your personal income.
Single Family
Built in 1990
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50801, Creston, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 4,417 (100%) |
| Owner Occupied HU | 2,674 (60.5%) |
| Renter Occupied HU | 1,246 (28.2%) |
| Vacant Housing Units | 497 (11.3%) |
| Median Home Value | $133,418 |
| Average Home Value | $182,572 |
Housing Distribution
Address Breakdown
Residential
3,973
Single Family
3,619
Multi-Family
354
Businesses
385
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