1477 56th StLa Porte CityIA50651
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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
Total monthly income runs $1,169/mo, and a $1,270/mo payment. Purchase price stands at $259,500, and rental yield measures 5.41% with $1,169/mo rent. Return on cash invested shows 11.26% in year one, and 5% annual appreciation builds toward $71,695 over five years. Five-year ROI reaches 57.37% and total cumulative return in cash records $49,349. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,169/mo property income covering a $1,270/mo payment rather than investor’s personal income.
Single Family
Built in 1970
3.01 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50651, La Porte City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,708 (100%) |
| Owner Occupied HU | 1,300 (76.1%) |
| Renter Occupied HU | 271 (15.9%) |
| Vacant Housing Units | 137 ( 8.0%) |
| Median Home Value | $223,575 |
| Average Home Value | $247,537 |
Housing Distribution
Address Breakdown
Residential
1,517
Single Family
1,428
Multi-Family
89
Businesses
97
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Listed by: Alan Michael • Johnson Real Estate
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2406423
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.