1803 Crabapple LnGrangerIA50109
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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 Granger at 1803 Crabapple Ln, Granger, IA, 50109 offers a 8.06% rental yield on a $384,900 purchase with $2,586/mo rent. Total monthly income registers $2,586/mo, and a $1,884/mo payment leaves $86/mo available for distribution. Annual cash flow reaches $1,034/yr on $127,594 to close, and return on cash invested stands at 20.72% in year one. Equity gained on principal adds $2,484/yr while 5% annual appreciation supports $106,341 over five years. Portfolio math shows five-year ROI at 107.61% and total cumulative return in cash at $137,307. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $2,586/mo property income against a $1,884/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2005
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50109, Granger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 1,277 (86.3%) |
| Renter Occupied HU | 110 ( 7.4%) |
| Vacant Housing Units | 92 ( 6.2%) |
| Median Home Value | $400,512 |
| Average Home Value | $482,952 |
Housing Distribution
Address Breakdown
Residential
1,339
Single Family
1,338
Multi-Family
1
Businesses
69
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