2009 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
Rental property for sale in Granger at 2009 White Oak Ln, Granger, IA, 50109 priced at $340,000 pairs $3,005/mo rent with $780/mo cash flow after a $1,664/mo payment. Total monthly income equals $3,005/mo, and annual cash flow comes to $9,364/yr on $112,710 invested. Return on cash invested is 28.22% in year one, and rental yield stands at 10.61% on a $340,000 basis. Equity gained on principal adds $2,194/yr, and 5% annual appreciation accumulates to $93,936 by year five. Five-year ROI measures 147.88% and total cumulative return in cash reaches $166,674. For financing, Ziffy Mortgage’s DSCR program evaluates $3,005/mo property income against a $1,664/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 2024
8,400 sqft lot
$N/A/sqft
$200 annually 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: Tammy Heckart • RE/MAX Concepts
Mls Name: DMMLS
Mls Provider:
Mls ID: #693544
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.