2005 White Oak LnGrangerIA50109
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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 Granger at 2005 White Oak Ln, Granger, IA, 50109 with 5% annual appreciation on a $301,000 basis while $2,441/mo rent supports operations. Total monthly income totals $2,441/mo and a $1,473/mo payment preserves $470/mo for cash returns. Annual cash flow comes to $5,637/yr on $99,782 deployed, and return on cash invested reaches 25.56% in year one. Equity gained on principal adds $1,942/yr, and five-year appreciation sums $83,161 alongside rental yield of 9.73%. Five-year ROI measures 133.6% and total cumulative return in cash totals $133,310.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $2,441/mo property income versus a $1,473/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 2024
8,276 sqft lot
$N/A/sqft
$200 yearly HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50109, Granger, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,479 (100%) |
| Owner Occupied HU | 1,277 (86.3%) |
| Renter Occupied HU | 110 ( 7.4%) |
| Vacant Housing Units | 92 ( 6.2%) |
| Median Home Value | $400,512 |
| Average Home Value | $482,952 |
Housing Distribution
Address Breakdown
Residential
1,339
Single Family
1,338
Multi-Family
1
Businesses
69
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Listed by: Lisa Nielsen • LPT Realty, LLC
Mls Name: CIBR
Mls Provider:
Mls ID: #67262
Disclaimer: Information being provided is for consumers' personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data is deemed reliable but not accurate.