130 Sunset AveEssexIA51638
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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 Essex at 130 Sunset Ave, Essex, IA, 51638 earns $689/mo cash flow from $1,993/mo rent with a $983/mo payment. Total monthly income totals $1,993/mo, and annual cash flow totals $8,265/yr on $66,552 capital. ROI tracks 32.33% on current figures, and rental yield reads 11.91% at a $200,760 purchase. Equity gained on principal adds $1,295/yr, and 5% annual appreciation supports $55,466 over five years. Five-year ROI reaches 169.86% and total cumulative return in cash sums $113,047. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,993/mo property income instead of your personal income.
Single Family
Built in 2023
0.32 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
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