1829 Washburn AveMasonvilleIA50654
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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 Masonville at 1829 Washburn Ave, Masonville, IA, 50654 earns from $1,601/mo rent with a $1,463/mo payment. Total monthly income totals $1,601/mo. ROI tracks 15.79% on current figures, and rental yield reads 6.43% at a $299,000 purchase. Equity gained on principal adds $1,929/yr, and 5% annual appreciation supports $82,608 over five years. Five-year ROI reaches 81.15% and total cumulative return in cash sums $80,434. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,601/mo property income instead of your personal income.
Single Family
Built in 1941
2.78 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50654, Masonville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 194 (100%) |
| Owner Occupied HU | 153 (78.9%) |
| Renter Occupied HU | 19 ( 9.8%) |
| Vacant Housing Units | 22 (11.3%) |
| Median Home Value | $223,214 |
| Average Home Value | $293,235 |
Housing Distribution
Address Breakdown
Residential
161
Single Family
161
Multi-Family
0
Businesses
4
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Listed by: Marcus Allan • Keller Williams Legacy Group-Manchester
Mls Name: Northeast Iowa Regional BOR
Mls ID: #20254499