1893 185th PlTracyIA50256
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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 Tracy at 1893 185th Pl, Tracy, IA, 50256 offers a 6.06% rental yield on a $360,000 purchase with $1,819/mo rent. 69% in year one. Equity gained on principal adds $2,323/yr while 5% annual appreciation supports $99,461 over five years. Portfolio math shows five-year ROI at 75.25% and total cumulative return in cash at $89,805. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,819/mo property income against a $1,762/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1964
3 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50256, Tracy, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 218 (100%) |
| Owner Occupied HU | 174 (79.8%) |
| Renter Occupied HU | 29 (13.3%) |
| Vacant Housing Units | 15 ( 6.9%) |
| Median Home Value | $195,000 |
| Average Home Value | $229,511 |
Housing Distribution
Address Breakdown
Residential
164
Single Family
164
Multi-Family
0
Businesses
5
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Listed by: Ryan Roberts • Sundance Realty
Mls Name: DMMLS
Mls Provider:
Mls ID: #711977
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