160 3rd St NWPrimgharIA51245
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Primghar at 160 3rd St NW, Primghar, IA, 51245 at $339,900 posts ROI 30.22% with $968/mo cash flow from $3,176/mo rent. Total monthly income equals $3,176/mo, and annual cash flow records $11,618/yr on $112,677 to close. Return on cash invested measures 30.22% and rental yield reads 11.21% at the current $339,900. Equity gained on principal adds $2,193/yr, and 5% annual appreciation supports $93,908 by year five. Five-year ROI prints 158.57% and total cumulative return in cash totals $178,667.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $3,176/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1926
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51245, Primghar, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 634 (100%) |
| Owner Occupied HU | 447 (70.5%) |
| Renter Occupied HU | 116 (18.3%) |
| Vacant Housing Units | 71 (11.2%) |
| Median Home Value | $174,202 |
| Average Home Value | $215,738 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
415
Multi-Family
0
Businesses
72
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices