15024 Peach AveCastanaIA51010
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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 Castana at 15024 Peach Ave, Castana, IA, 51010 offers a 9.59% rental yield on a $270,735 purchase with $2,164/mo rent. Total monthly income registers $2,164/mo, and a $1,325/mo payment leaves $406/mo available for distribution. Annual cash flow reaches $4,870/yr on $89,749 to close, and return on cash invested stands at 25.34% in year one. Equity gained on principal adds $1,747/yr while 5% annual appreciation supports $74,799 over five years. Portfolio math shows five-year ROI at 132.33% and total cumulative return in cash at $118,768. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,164/mo property income against a $1,325/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2002
4 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51010, Castana, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 217 (100%) |
| Owner Occupied HU | 161 (74.2%) |
| Renter Occupied HU | 24 (11.1%) |
| Vacant Housing Units | 32 (14.7%) |
| Median Home Value | $157,212 |
| Average Home Value | $178,416 |
Housing Distribution
Address Breakdown
Residential
138
Single Family
138
Multi-Family
0
Businesses
6
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