1316 Circle DrParkersburgIA50665
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 Parkersburg at 1316 Circle Dr, Parkersburg, IA, 50665 earns $848/mo cash flow from $2,731/mo rent with a $1,419/mo payment. Total monthly income totals $2,731/mo, and annual cash flow totals $10,178/yr on $96,102 capital. ROI tracks 30.5% on current figures, and rental yield reads 11.3% at a $289,900 purchase. Equity gained on principal adds $1,871/yr, and 5% annual appreciation supports $80,094 over five years. Five-year ROI reaches 160.09% and total cumulative return in cash sums $153,849. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $2,731/mo property income instead of your personal income.
Single Family
Built in 2016
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50665, Parkersburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,355 (100%) |
| Owner Occupied HU | 1,008 (74.4%) |
| Renter Occupied HU | 236 (17.4%) |
| Vacant Housing Units | 111 ( 8.2%) |
| Median Home Value | $229,118 |
| Average Home Value | $246,528 |
Housing Distribution
Address Breakdown
Residential
1,177
Single Family
1,118
Multi-Family
59
Businesses
98
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Chad Campbell • Campbell-Mellema Realty, LLC
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20253438