1381 N 2nd StLansingIA52151
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 Lansing at 1381 N 2nd St, Lansing, IA, 52151 listed at $525,000 pairs $1,555/mo rent with a $2,570/mo payment. Total monthly income runs $1,555/mo. Return on cash invested measures 7.17% in year one, and rental yield registers 3.55% at a $525,000 basis. Equity gained on principal adds $3,388/yr, and annual property appreciation at 5% supports $145,048 by year five. Five-year ROI tracks 34.9% and total cumulative return in cash totals $60,285. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,555/mo property income relative to a $2,570/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52151, Lansing, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,392 (100%) |
| Owner Occupied HU | 734 (52.7%) |
| Renter Occupied HU | 165 (11.9%) |
| Vacant Housing Units | 493 (35.4%) |
| Median Home Value | $240,625 |
| Average Home Value | $356,805 |
Housing Distribution
Address Breakdown
Residential
734
Single Family
731
Multi-Family
3
Businesses
74
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices