1886 330th AveCharlotteIA52731
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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
Rental property for sale in Charlotte at 1886 330th Ave, Charlotte, IA, 52731 generates $3,490/mo in rent, after a $3,401/mo payment. Total monthly income is $3,490/mo. Return on cash invested sits at 14.69% in year one, and rental yield is 6.03% on a $694,900 entry. Equity gained on principal adds $4,484/yr, while 5% annual appreciation builds toward $191,988 over five years. Five-year ROI reaches 75.25% and total cumulative return in cash sums $172,030. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $3,490/mo property income rather than buyer’s personal income.
Single Family
Built in 1941
31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52731, Charlotte, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 345 (100%) |
| Owner Occupied HU | 272 (78.8%) |
| Renter Occupied HU | 53 (15.4%) |
| Vacant Housing Units | 20 ( 5.8%) |
| Median Home Value | $195,089 |
| Average Home Value | $251,627 |
Housing Distribution
Address Breakdown
Residential
288
Single Family
288
Multi-Family
0
Businesses
10
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Listed by: Shelly Borota • Ruhl&Ruhl REALTORS DeWitt
Mls Name: RMLS Alliance
Mls Provider:
Mls ID: #QC4261526
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.