1625 BroadwayDenisonIA51442
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 1625 Broadway, Denison, IA, 51442 listed at $165,000 pairs $1,397/mo rent with a $808/mo payment to leave $325/mo cash flow. Total monthly income runs $1,397/mo, and annual cash flow reaches $3,900/yr on $54,698 cash to close. Return on cash invested measures 27.04% in year one, and rental yield registers 10.16% at a $165,000 basis. Equity gained on principal adds $1,065/yr, and annual property appreciation at 5% supports $45,586 by year five. Five-year ROI tracks 141.48% and total cumulative return in cash totals $77,387. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,397/mo property income relative to a $808/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1878
5,227 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
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Roger Preul • McCord Insurance & Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6329543
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.