1425 200th StIoniaIA50645
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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 Ionia at 1425 200th St, Ionia, IA, 50645 offers a 7.27% rental yield on a $249,500 purchase with $1,511/mo rent. 32% in year one. Equity gained on principal adds $1,610/yr while 5% annual appreciation supports $68,932 over five years. Portfolio math shows five-year ROI at 94.75% and total cumulative return in cash at $78,369. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,511/mo property income against a $1,221/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1925
1.51 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50645, Ionia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 481 (100%) |
| Owner Occupied HU | 377 (78.4%) |
| Renter Occupied HU | 57 (11.9%) |
| Vacant Housing Units | 47 ( 9.8%) |
| Median Home Value | $249,405 |
| Average Home Value | $322,858 |
Housing Distribution
Address Breakdown
Residential
404
Single Family
404
Multi-Family
0
Businesses
6
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