17972 Highway J5tMysticIA52574
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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 Mystic at 17972 Highway J5t, Mystic, IA, 52574 offers a 9.89% rental yield on a $179,000 purchase with $1,476/mo rent. Total monthly income registers $1,476/mo, and a $876/mo payment leaves $314/mo available for distribution. Annual cash flow reaches $3,763/yr on $59,339 to close, and return on cash invested stands at 26.25% in year one. Equity gained on principal adds $1,155/yr while 5% annual appreciation supports $49,454 over five years. Portfolio math shows five-year ROI at 137.28% and total cumulative return in cash at $81,459. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,476/mo property income against a $876/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1928
1.80 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52574, Mystic, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 389 (100%) |
| Owner Occupied HU | 272 (69.9%) |
| Renter Occupied HU | 36 ( 9.3%) |
| Vacant Housing Units | 81 (20.8%) |
| Median Home Value | $147,500 |
| Average Home Value | $177,160 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
7
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Listed by: Carie Leon • Iowa Realty South Lakes
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325703
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.