1403 Jackson StRedfieldIA50233
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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 Redfield at 1403 Jackson St, Redfield, IA, 50233 earns $88/mo cash flow from $900/mo rent with a $612/mo payment. Total monthly income totals $900/mo, and annual cash flow totals $1,056/yr on $41,438 capital. ROI tracks 22.46% on current figures, and rental yield reads 8.64% at a $125,000 purchase. Equity gained on principal adds $807/yr, and 5% annual appreciation supports $34,535 over five years. Five-year ROI reaches 116.89% and total cumulative return in cash sums $48,437. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $900/mo property income instead of your personal income.
Single Family
Built in 1918
7,048 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50233, Redfield, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 620 (100%) |
| Owner Occupied HU | 467 (75.3%) |
| Renter Occupied HU | 103 (16.6%) |
| Vacant Housing Units | 50 ( 8.1%) |
| Median Home Value | $213,068 |
| Average Home Value | $289,336 |
Housing Distribution
Address Breakdown
Residential
301
Single Family
301
Multi-Family
0
Businesses
31
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Nearby investment properties with comparable prices
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