1636 220th StPromise CityIA52583
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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 Promise City at 1636 220th St, Promise City, IA, 52583 earns from $0/mo rent with a $660/mo payment. Total monthly income totals $0/mo. ROI tracks -3.59% on current figures, and rental yield reads 0% at a $134,900 purchase. Equity gained on principal adds $870/yr, and 5% annual appreciation supports $37,270 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Manufactured
Built in 2019
5.61 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52583, Promise City, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 161 (100%) |
| Owner Occupied HU | 116 (72.0%) |
| Renter Occupied HU | 11 ( 6.8%) |
| Vacant Housing Units | 34 (21.1%) |
| Median Home Value | $116,667 |
| Average Home Value | $287,435 |
Housing Distribution
Address Breakdown
Residential
139
Single Family
139
Multi-Family
0
Businesses
10
Nearby investment properties with comparable rents
No similar rental properties found nearby.
Nearby investment properties with comparable prices
Listed by: John Durling • Iowa Realty South Lakes
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321843
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