1623 Centennial RdOssianIA52161
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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
Rental property for sale in Ossian at 1623 Centennial Rd, Ossian, IA, 52161 generates $1,567/mo in rent, after a $2,442/mo payment. Total monthly income is $1,567/mo. Return on cash invested sits at 7.77% in year one, and rental yield is 3.77% on a $499,000 entry. Equity gained on principal adds $3,220/yr, while 5% annual appreciation builds toward $137,865 over five years. Five-year ROI reaches 38.15% and total cumulative return in cash sums $63,102. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,567/mo property income rather than buyer’s personal income.
Single Family
Built in 1877
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52161, Ossian, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 605 (100%) |
| Owner Occupied HU | 461 (76.2%) |
| Renter Occupied HU | 98 (16.2%) |
| Vacant Housing Units | 46 ( 7.6%) |
| Median Home Value | $224,202 |
| Average Home Value | $287,749 |
Housing Distribution
Address Breakdown
Residential
405
Single Family
389
Multi-Family
16
Businesses
44
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