1302 Iowa AveOnawaIA51040
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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 Onawa at 1302 Iowa Ave, Onawa, IA, 51040 generates $2,084/mo in rent, after a $1,591/mo payment. Total monthly income is $2,084/mo. Return on cash invested sits at 19.61% in year one, and rental yield is 7.69% on a $325,000 entry. Equity gained on principal adds $2,097/yr, while 5% annual appreciation builds toward $89,792 over five years. Five-year ROI reaches 101.61% and total cumulative return in cash sums $109,477. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $2,084/mo property income rather than buyer’s personal income.
Single Family
Built in 1909
9,147 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51040, Onawa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,799 (100%) |
| Owner Occupied HU | 1,076 (59.8%) |
| Renter Occupied HU | 497 (27.6%) |
| Vacant Housing Units | 226 (12.6%) |
| Median Home Value | $150,485 |
| Average Home Value | $167,786 |
Housing Distribution
Address Breakdown
Residential
1,566
Single Family
1,465
Multi-Family
101
Businesses
177
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