1501 S Main StDenisonIA51442
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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 Denison at 1501 S Main St, Denison, IA, 51442 earns from $1,006/mo rent with a $876/mo payment. Total monthly income totals $1,006/mo. ROI tracks 16.75% on current figures, and rental yield reads 6.74% at a $179,000 purchase. Equity gained on principal adds $1,155/yr, and 5% annual appreciation supports $49,454 over five years. Five-year ROI reaches 86.3% and total cumulative return in cash sums $51,207. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,006/mo property income instead of your personal income.
Single Family
Built in 1981
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51442, Denison, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,242 (60.8%) |
| Renter Occupied HU | 1,138 (30.9%) |
| Vacant Housing Units | 307 ( 8.3%) |
| Median Home Value | $157,797 |
| Average Home Value | $175,583 |
Housing Distribution
Address Breakdown
Residential
3,423
Single Family
3,114
Multi-Family
309
Businesses
382
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Listed by: Carl F Nelson • Northwest Realty Inc
Mls Name: Northwest Iowa Regional BOR
Mls Provider:
Mls ID: #827945
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Listing information is deemed reliable, but not guaranteed.