1312 Center Street PlOttumwaIA52501
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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 Ottumwa at 1312 Center Street Pl, Ottumwa, IA, 52501 uses $53,007 cash to close to unlock $2,102/yr annual cash flow and $175/mo monthly cash flow. Total monthly income runs $1,214/mo, and a $783/mo payment keeps the spread at $175/mo. Purchase price stands at $159,900, and rental yield measures 9.11% with $1,214/mo rent. Return on cash invested shows 23.87% in year one, and 5% annual appreciation builds toward $44,177 over five years. Five-year ROI reaches 124.57% and total cumulative return in cash records $66,030. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,214/mo property income covering a $783/mo payment rather than investor’s personal income.
Single Family
Built in 1995
10,149 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52501, Ottumwa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,418 (100%) |
| Owner Occupied HU | 8,019 (59.8%) |
| Renter Occupied HU | 3,871 (28.8%) |
| Vacant Housing Units | 1,528 (11.4%) |
| Median Home Value | $141,927 |
| Average Home Value | $197,013 |
Housing Distribution
Address Breakdown
Residential
12,449
Single Family
11,498
Multi-Family
951
Businesses
1,031
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