1502 Main StEmmetsburgIA50536
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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 Emmetsburg at 1502 Main St, Emmetsburg, IA, 50536 earns $207/mo cash flow from $1,304/mo rent with a $827/mo payment. Total monthly income totals $1,304/mo, and annual cash flow totals $2,479/yr on $56,024 capital. ROI tracks 24.33% on current figures, and rental yield reads 9.26% at a $169,000 purchase. Equity gained on principal adds $1,091/yr, and 5% annual appreciation supports $46,692 over five years. Five-year ROI reaches 127.01% and total cumulative return in cash sums $71,155. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,304/mo property income instead of your personal income.
Single Family
Built in 1920
0.37 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50536, Emmetsburg, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 2,123 (100%) |
| Owner Occupied HU | 1,274 (60.0%) |
| Renter Occupied HU | 524 (24.7%) |
| Vacant Housing Units | 325 (15.3%) |
| Median Home Value | $154,321 |
| Average Home Value | $220,795 |
Housing Distribution
Address Breakdown
Residential
1,839
Single Family
1,700
Multi-Family
139
Businesses
213
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Listed by: Dana Reinders • EXIT Realty Midwest- Spencer/Emmetsburg
Mls Name: Iowa Great Lakes BOR
Mls Provider:
Mls ID: #240841
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.