126 Sunset AveEssexIA51638
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Essex at 126 Sunset Ave, Essex, IA, 51638 earns $447/mo cash flow from $1,980/mo rent with a $1,155/mo payment. Total monthly income totals $1,980/mo, and annual cash flow totals $5,369/yr on $78,234 capital. ROI tracks 26.77% on current figures, and rental yield reads 10.07% at a $236,000 purchase. Equity gained on principal adds $1,523/yr, and 5% annual appreciation supports $65,202 over five years. Five-year ROI reaches 140.06% and total cumulative return in cash sums $109,578. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,980/mo property income instead of your personal income.
Single Family
Built in 2023
0.38 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51638, Essex, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 587 (100%) |
| Owner Occupied HU | 419 (71.4%) |
| Renter Occupied HU | 113 (19.3%) |
| Vacant Housing Units | 55 ( 9.4%) |
| Median Home Value | $125,463 |
| Average Home Value | $186,390 |
Housing Distribution
Address Breakdown
Residential
335
Single Family
301
Multi-Family
34
Businesses
32
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices