1529 280th StReddingIA50860
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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 Redding at 1529 280th St, Redding, IA, 50860 offers a 2.49% rental yield on a $915,120 purchase with $1,898/mo rent. 94% in year one. Equity gained on principal adds $5,905/yr while 5% annual appreciation supports $252,831 over five years. Portfolio math shows five-year ROI at 17.56% and total cumulative return in cash at $52,855. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,898/mo property income against a $4,479/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in N/A
113.67 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50860, Redding, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 143 (100%) |
| Owner Occupied HU | 85 (59.4%) |
| Renter Occupied HU | 26 (18.2%) |
| Vacant Housing Units | 32 (22.4%) |
| Median Home Value | $220,536 |
| Average Home Value | $231,676 |
Housing Distribution
Address Breakdown
Residential
96
Single Family
96
Multi-Family
0
Businesses
4
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