1307 Jackson StRedfieldIA50233
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Redfield at 1307 Jackson St, Redfield, IA, 50233 offers a 7.92% rental yield on a $189,000 purchase with $1,248/mo rent. Total monthly income registers $1,248/mo, and a $925/mo payment leaves $21/mo available for distribution. Annual cash flow reaches $247/yr on $62,654 to close, and return on cash invested stands at 20.3% in year one. Equity gained on principal adds $1,220/yr while 5% annual appreciation supports $52,217 over five years. Portfolio math shows five-year ROI at 105.4% and total cumulative return in cash at $66,034. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,248/mo property income against a $925/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1949
10,018 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50233, Redfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 467 (75.3%) |
| Renter Occupied HU | 103 (16.6%) |
| Vacant Housing Units | 50 ( 8.1%) |
| Median Home Value | $213,068 |
| Average Home Value | $289,336 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
31
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices