1603 N Elm StWest LibertyIA52776
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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 West Liberty at 1603 N Elm St, West Liberty, IA, 52776 uses $120,998 cash to close to unlock $1,728/yr annual cash flow and $144/mo monthly cash flow. Total monthly income runs $2,514/mo, and a $1,786/mo payment keeps the spread at $144/mo. Purchase price stands at $365,000, and rental yield measures 8.27% with $2,514/mo rent. Return on cash invested shows 21.34% in year one, and 5% annual appreciation builds toward $100,843 over five years. Five-year ROI reaches 110.88% and total cumulative return in cash records $134,167. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,514/mo property income covering a $1,786/mo payment rather than investor’s personal income.
Single Family
Built in 2015
42 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52776, West Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,210 (64.3%) |
| Renter Occupied HU | 518 (27.5%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,771 |
| Average Home Value | $241,777 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,671
Multi-Family
163
Businesses
149
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