1300 3rd Ave SEsthervilleIA51334
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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 Estherville at 1300 3rd Ave S, Estherville, IA, 51334 offers a 0% rental yield on a $119,999 purchase with $0/mo rent. 59% in year one. Equity gained on principal adds $774/yr while 5% annual appreciation supports $33,154 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $587/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1902
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51334, Estherville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,287 (100%) |
| Owner Occupied HU | 2,268 (69.0%) |
| Renter Occupied HU | 683 (20.8%) |
| Vacant Housing Units | 336 (10.2%) |
| Median Home Value | $114,829 |
| Average Home Value | $160,100 |
Housing Distribution
Address Breakdown
Residential
3,164
Single Family
2,916
Multi-Family
248
Businesses
290
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: Charlie Leissler • RE/MAX Lakes Realty
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #250421
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