142 Northview StOttumwaIA52501
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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
Rental property for sale in Ottumwa at 142 Northview St, Ottumwa, IA, 52501 generates $1,466/mo in rent and, after a $658/mo payment, leaves $593/mo in cash flow. Total monthly income is $1,466/mo, and annual cash flow is $7,116/yr on $44,554 invested. Return on cash invested sits at 35.88% in year one, and rental yield is 13.09% on a $134,400 entry. Equity gained on principal adds $867/yr, while 5% annual appreciation builds toward $37,132 over five years. Five-year ROI reaches 188.84% and total cumulative return in cash sums $84,136. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,466/mo property income rather than buyer’s personal income.
Single Family
Built in 1947
10,150 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52501, Ottumwa, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 13,418 (100%) |
| Owner Occupied HU | 8,019 (59.8%) |
| Renter Occupied HU | 3,871 (28.8%) |
| Vacant Housing Units | 1,528 (11.4%) |
| Median Home Value | $141,927 |
| Average Home Value | $197,013 |
Housing Distribution
Address Breakdown
Residential
12,449
Single Family
11,498
Multi-Family
951
Businesses
1,031
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