1891-1889 Binford AveState CenterIA50247
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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 State Center at 1891-1889 Binford Ave, State Center, IA, 50247 listed at $268,000 pairs $0/mo rent with a $1,312/mo payment. Total monthly income runs $0/mo. Return on cash invested measures -3.6% in year one, and rental yield registers 0% at a $268,000 basis. Equity gained on principal adds $1,729/yr, and annual property appreciation at 5% supports $74,043 by year five. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $0/mo property income relative to a $1,312/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1976
1.65 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50247, State Center, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 987 (100%) |
| Owner Occupied HU | 719 (72.8%) |
| Renter Occupied HU | 188 (19.0%) |
| Vacant Housing Units | 80 ( 8.1%) |
| Median Home Value | $202,966 |
| Average Home Value | $249,979 |
Housing Distribution
Address Breakdown
Residential
628
Single Family
591
Multi-Family
37
Businesses
61
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No similar rental properties found nearby.
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Listed by: Tammie Engle • Premier Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6326026
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.