201 High StNicholsIA52766
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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 Nichols at 201 High St, Nichols, IA, 52766 generates $1,612/mo in rent and, after a $1,101/mo payment, leaves $151/mo in cash flow. Total monthly income is $1,612/mo, and annual cash flow is $1,814/yr on $74,554 invested. Return on cash invested sits at 22.34% in year one, and rental yield is 8.6% on a $224,900 entry. Equity gained on principal adds $1,451/yr, while 5% annual appreciation builds toward $62,136 over five years. Five-year ROI reaches 116.34% and total cumulative return in cash sums $86,737. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,612/mo property income rather than buyer’s personal income.
Single Family
Built in 1906
0.57 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52766, Nichols, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 324 (100%) |
| Owner Occupied HU | 238 (73.5%) |
| Renter Occupied HU | 61 (18.8%) |
| Vacant Housing Units | 25 ( 7.7%) |
| Median Home Value | $238,462 |
| Average Home Value | $354,275 |
Housing Distribution
Address Breakdown
Residential
210
Single Family
210
Multi-Family
0
Businesses
17
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