1409 E Grant StCentervilleIA52544
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 Centerville at 1409 E Grant St, Centerville, IA, 52544 at $182,500 posts ROI 24.73% with $243/mo cash flow from $1,428/mo rent. Total monthly income equals $1,428/mo, and annual cash flow records $2,916/yr on $60,499 to close. Return on cash invested measures 24.73% and rental yield reads 9.39% at the current $182,500. Equity gained on principal adds $1,178/yr, and 5% annual appreciation supports $50,421 by year five. Five-year ROI prints 129.08% and total cumulative return in cash totals $78,094.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,428/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1976
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52544, Centerville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,695 (100%) |
| Owner Occupied HU | 2,047 (55.4%) |
| Renter Occupied HU | 1,129 (30.6%) |
| Vacant Housing Units | 519 (14.0%) |
| Median Home Value | $145,486 |
| Average Home Value | $181,729 |
Housing Distribution
Address Breakdown
Residential
3,407
Single Family
3,084
Multi-Family
323
Businesses
384
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Listed by: Shelly West • Bogle Realty LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6322252
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.