1815 Avenue EFort MadisonIA52627
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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 Fort Madison at 1815 Avenue E, Fort Madison, IA, 52627 at $144,900 posts ROI 32.38% with $499/mo cash flow from $1,440/mo rent. Total monthly income equals $1,440/mo, and annual cash flow records $5,990/yr on $48,034 to close. Return on cash invested measures 32.38% and rental yield reads 11.93% at the current $144,900. Equity gained on principal adds $935/yr, and 5% annual appreciation supports $40,033 by year five. Five-year ROI prints 170.2% and total cumulative return in cash totals $81,757.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,440/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1918
10,875 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52627, Fort Madison, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 5,939 (100%) |
| Owner Occupied HU | 3,809 (64.1%) |
| Renter Occupied HU | 1,362 (22.9%) |
| Vacant Housing Units | 768 (12.9%) |
| Median Home Value | $150,116 |
| Average Home Value | $194,161 |
Housing Distribution
Address Breakdown
Residential
5,523
Single Family
5,161
Multi-Family
362
Businesses
481
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Listed by: Ali Randolph • Re/Max Precision
Mls Name: Iowa AOR
Mls Provider:
Mls ID: #6321258
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.