1609 Colonial DrMansonIA50563
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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 Manson at 1609 Colonial Dr, Manson, IA, 50563 uses $79,527 cash to close to unlock $4,610/yr annual cash flow and $384/mo monthly cash flow. Total monthly income runs $1,942/mo, and a $1,174/mo payment keeps the spread at $384/mo. Purchase price stands at $239,900, and rental yield measures 9.71% with $1,942/mo rent. Return on cash invested shows 25.71% in year one, and 5% annual appreciation builds toward $66,280 over five years. Five-year ROI reaches 134.36% and total cumulative return in cash records $106,855. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,942/mo property income covering a $1,174/mo payment rather than investor’s personal income.
Single Family
Built in N/A
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50563, Manson, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,311 (100%) |
| Owner Occupied HU | 840 (64.1%) |
| Renter Occupied HU | 213 (16.2%) |
| Vacant Housing Units | 258 (19.7%) |
| Median Home Value | $200,000 |
| Average Home Value | $266,839 |
Housing Distribution
Address Breakdown
Residential
764
Single Family
690
Multi-Family
74
Businesses
64
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