1326 Aspen RdPanamaIA51562
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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 Panama at 1326 Aspen Rd, Panama, IA, 51562 offers a 9.55% rental yield on a $240,000 purchase with $1,910/mo rent. Total monthly income registers $1,910/mo, and a $1,175/mo payment leaves $351/mo available for distribution. Annual cash flow reaches $4,212/yr on $79,560 to close, and return on cash invested stands at 25.2% in year one. Equity gained on principal adds $1,549/yr while 5% annual appreciation supports $66,308 over five years. Portfolio math shows five-year ROI at 131.63% and total cumulative return in cash at $104,726. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,910/mo property income against a $1,175/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1900
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51562, Panama, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 197 (100%) |
| Owner Occupied HU | 175 (88.8%) |
| Renter Occupied HU | 22 (11.2%) |
| Vacant Housing Units | 0 |
| Median Home Value | $189,773 |
| Average Home Value | $262,014 |
Housing Distribution
Address Breakdown
Residential
93
Single Family
93
Multi-Family
0
Businesses
21
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