1626 S Main StCentervilleIA52544
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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 Centerville at 1626 S Main St, Centerville, IA, 52544 priced at $184,000 pairs $0/mo rent with after a $901/mo payment. Total monthly income equals $0/mo. Return on cash invested is -3.61% in year one, and rental yield stands at 0% on a $184,000 basis. Equity gained on principal adds $1,187/yr, and 5% annual appreciation accumulates to $50,836 by year five. For financing, Ziffy Mortgage’s DSCR program evaluates $0/mo property income against a $901/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1965
0.55 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52544, Centerville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,695 (100%) |
| Owner Occupied HU | 2,047 (55.4%) |
| Renter Occupied HU | 1,129 (30.6%) |
| Vacant Housing Units | 519 (14.0%) |
| Median Home Value | $145,486 |
| Average Home Value | $181,729 |
Housing Distribution
Address Breakdown
Residential
3,407
Single Family
3,084
Multi-Family
323
Businesses
384
Nearby investment properties with comparable rents
No similar rental properties found nearby.
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Listed by: Jodie Mccoy • Real McCoy Realty LLC
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321360
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.