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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
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$849,900
6 bds4 ba3384sqft
1700 East StCorningIA50841
1.19%
Gross Yield
-0.02%
ROI
$840/m
Est. Rent
$0
Total Investment
$0
Down Payment
$0
Closing Costs
For Sale
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NMLS #2625701
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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
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Investment Highlights
Investment property for sale in Corning at 1700 East St, Corning, IA, 50841 offers a 1.19% rental yield on a $849,900 purchase with $840/mo rent. 02% in year one. Equity gained on principal adds $5,484/yr while 5% annual appreciation supports $234,812 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $840/mo property income against a $4,160/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1979
8.24 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50841, Corning, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,345 (100%) |
| Owner Occupied HU | 856 (63.6%) |
| Renter Occupied HU | 282 (21.0%) |
| Vacant Housing Units | 207 (15.4%) |
| Median Home Value | $129,730 |
| Average Home Value | $211,168 |
Housing Distribution
Address Breakdown
Residential
1,208
Single Family
1,188
Multi-Family
20
Businesses
141
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Powered by
Ziffy Mortgage
NMLS #2625701
Get Pre-Approved