18 S Main StAndrewIA52030
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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 Andrew at 18 S Main St, Andrew, IA, 52030 uses $44,090 cash to close to unlock $4,694/yr annual cash flow and $391/mo monthly cash flow. Total monthly income runs $1,255/mo, and a $651/mo payment keeps the spread at $391/mo. Purchase price stands at $133,000, and rental yield measures 11.32% with $1,255/mo rent. Return on cash invested shows 30.56% in year one, and 5% annual appreciation builds toward $36,745 over five years. Five-year ROI reaches 160.41% and total cumulative return in cash records $70,725. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,255/mo property income covering a $651/mo payment rather than investor’s personal income.
Single Family
Built in 1870
7,405 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52030, Andrew, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 160 (100%) |
| Owner Occupied HU | 121 (75.6%) |
| Renter Occupied HU | 19 (11.9%) |
| Vacant Housing Units | 20 (12.5%) |
| Median Home Value | $247,917 |
| Average Home Value | $313,678 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
10
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Listed by: Alyx Sieverding • Ruhl & Ruhl Realtors
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #150538
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.