1620 S Main StDenisonIA51442
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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 Denison at 1620 S Main St, Denison, IA, 51442 listed at $154,270 pairs $1,147/mo rent with a $755/mo payment to leave $135/mo cash flow. Total monthly income runs $1,147/mo, and annual cash flow reaches $1,619/yr on $51,141 cash to close. Return on cash invested measures 23.07% in year one, and rental yield registers 8.92% at a $154,270 basis. Equity gained on principal adds $995/yr, and annual property appreciation at 5% supports $42,622 by year five. Five-year ROI tracks 120.31% and total cumulative return in cash totals $61,527. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,147/mo property income relative to a $755/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1966
10,802 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51442, Denison, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,687 (100%) |
| Owner Occupied HU | 2,242 (60.8%) |
| Renter Occupied HU | 1,138 (30.9%) |
| Vacant Housing Units | 307 ( 8.3%) |
| Median Home Value | $157,797 |
| Average Home Value | $175,583 |
Housing Distribution
Address Breakdown
Residential
3,423
Single Family
3,114
Multi-Family
309
Businesses
382
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