1623 W42OssianIA52161
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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 Ossian at 1623 W42, Ossian, IA, 52161 offers a 0% rental yield on a $615,000 purchase with $0/mo rent. 63% in year one. Equity gained on principal adds $3,969/yr while 5% annual appreciation supports $169,913 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $3,010/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2024
2.01 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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