1816 4th StPerryIA50220
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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
Rental property for sale in Perry at 1816 4th St, Perry, IA, 50220 generates $1,147/mo in rent and, after a $709/mo payment, leaves $206/mo in cash flow. Total monthly income is $1,147/mo, and annual cash flow is $2,474/yr on $48,034 invested. Return on cash invested sits at 25.06% in year one, and rental yield is 9.5% on a $144,900 entry. Equity gained on principal adds $935/yr, while 5% annual appreciation builds toward $40,033 over five years. Five-year ROI reaches 130.96% and total cumulative return in cash sums $62,905. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,147/mo property income rather than buyer’s personal income.
Single Family
Built in 1925
7,000 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50220, Perry, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,895 (100%) |
| Owner Occupied HU | 2,230 (57.3%) |
| Renter Occupied HU | 1,341 (34.4%) |
| Vacant Housing Units | 324 ( 8.3%) |
| Median Home Value | $156,877 |
| Average Home Value | $239,574 |
Housing Distribution
Address Breakdown
Residential
3,589
Single Family
3,276
Multi-Family
313
Businesses
295
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices