1307 5th StOnawaIA51040
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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 Onawa at 1307 5th St, Onawa, IA, 51040 offers a 9.19% rental yield on a $199,000 purchase with $1,524/mo rent. Total monthly income registers $1,524/mo, and a $974/mo payment leaves $232/mo available for distribution. Annual cash flow reaches $2,779/yr on $65,969 to close, and return on cash invested stands at 24.12% in year one. Equity gained on principal adds $1,284/yr while 5% annual appreciation supports $54,980 over five years. Portfolio math shows five-year ROI at 125.87% and total cumulative return in cash at $83,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,524/mo property income against a $974/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1975
0.38 Acres 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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Listed by: Julie Skaff-Gregg • Coldwell Banker Associated Brokers
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #829807
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.