1231 Western AveThurmanIA51654
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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
Rental property for sale in Thurman at 1231 Western Ave, Thurman, IA, 51654 priced at $189,000 converts $0/mo rent into after a $925/mo obligation. Total monthly income equals $0/mo. Return on cash invested prints -3.6% in year one, and rental yield reads 0% against a $189,000 entry. Equity gained on principal adds $1,220/yr, while 5% annual appreciation compiles into $52,217 by year five. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $0/mo property income covering a $925/mo payment, not borrower’s personal income.
Single Family
Built in 2025
6.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51654, Thurman, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 186 (100%) |
| Owner Occupied HU | 127 (68.3%) |
| Renter Occupied HU | 26 (14.0%) |
| Vacant Housing Units | 33 (17.7%) |
| Median Home Value | $176,563 |
| Average Home Value | $227,106 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
2
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices