18926 161st AveManchesterIA52057
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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 Manchester at 18926 161st Ave, Manchester, IA, 52057 uses $148,512 cash to close to unlock $1,646/yr annual cash flow and $137/mo monthly cash flow. Total monthly income runs $3,047/mo, and a $2,193/mo payment keeps the spread at $137/mo. Purchase price stands at $448,000, and rental yield measures 8.16% with $3,047/mo rent. Return on cash invested shows 21.02% in year one, and 5% annual appreciation builds toward $123,774 over five years. Five-year ROI reaches 109.21% and total cumulative return in cash records $162,194. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $3,047/mo property income covering a $2,193/mo payment rather than investor’s personal income.
Single Family
Built in 2004
0.66 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52057, Manchester, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,586 (69.9%) |
| Renter Occupied HU | 837 (22.6%) |
| Vacant Housing Units | 274 ( 7.4%) |
| Median Home Value | $175,820 |
| Average Home Value | $261,470 |
Housing Distribution
Address Breakdown
Residential
3,632
Single Family
3,379
Multi-Family
253
Businesses
345
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Listed by: Susie Meyer • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #149834
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.