1308 South StLarchwoodIA51241
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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 Larchwood at 1308 South St, Larchwood, IA, 51241 generates $1,326/mo in rent, after a $1,395/mo payment. Total monthly income is $1,326/mo. Return on cash invested sits at 13.24% in year one, and rental yield is 5.58% on a $285,000 entry. Equity gained on principal adds $1,839/yr, while 5% annual appreciation builds toward $78,740 over five years. Five-year ROI reaches 67.46% and total cumulative return in cash sums $63,738. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,326/mo property income rather than buyer’s personal income.
Single Family
Built in 1982
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51241, Larchwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 783 (100%) |
| Owner Occupied HU | 621 (79.3%) |
| Renter Occupied HU | 113 (14.4%) |
| Vacant Housing Units | 49 ( 6.3%) |
| Median Home Value | $328,198 |
| Average Home Value | $331,272 |
Housing Distribution
Address Breakdown
Residential
584
Single Family
560
Multi-Family
24
Businesses
52
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