1304 NE 2nd StStuartIA50250
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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 Stuart at 1304 NE 2nd St, Stuart, IA, 50250 listed at $315,000 pairs $2,353/mo rent with a $1,542/mo payment to leave $307/mo cash flow. Total monthly income runs $2,353/mo, and annual cash flow reaches $3,684/yr on $104,423 cash to close. Return on cash invested measures 23.44% in year one, and rental yield registers 8.96% at a $315,000 basis. Equity gained on principal adds $2,033/yr, and annual property appreciation at 5% supports $87,029 by year five. Five-year ROI tracks 122.15% and total cumulative return in cash totals $127,553. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $2,353/mo property income relative to a $1,542/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 2017
1.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50250, Stuart, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,137 (100%) |
| Owner Occupied HU | 750 (66.0%) |
| Renter Occupied HU | 236 (20.8%) |
| Vacant Housing Units | 151 (13.3%) |
| Median Home Value | $197,000 |
| Average Home Value | $221,707 |
Housing Distribution
Address Breakdown
Residential
933
Single Family
869
Multi-Family
64
Businesses
102
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