1998 Kennedy AveGeorgeIA51237
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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 George at 1998 Kennedy Ave, George, IA, 51237 listed at $278,000 pairs $1,818/mo rent with a $1,361/mo payment to leave $12/mo cash flow. Total monthly income runs $1,818/mo, and annual cash flow reaches $146/yr on $92,157 cash to close. Return on cash invested measures 20.07% in year one, and rental yield registers 7.85% at a $278,000 basis. Equity gained on principal adds $1,794/yr, and annual property appreciation at 5% supports $76,806 by year five. Five-year ROI tracks 104.14% and total cumulative return in cash totals $95,969. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,818/mo property income relative to a $1,361/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1973
1.56 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51237, George, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 557 (73.1%) |
| Renter Occupied HU | 121 (15.9%) |
| Vacant Housing Units | 84 (11.0%) |
| Median Home Value | $171,875 |
| Average Home Value | $275,579 |
Housing Distribution
Address Breakdown
Residential
392
Single Family
392
Multi-Family
0
Businesses
46
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