201 N 2nd StThorntonIA50479
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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 Thornton at 201 N 2nd St, Thornton, IA, 50479 earns from $0/mo rent with a $781/mo payment. Total monthly income totals $0/mo. ROI tracks -3.61% on current figures, and rental yield reads 0% at a $159,500 purchase. Equity gained on principal adds $1,029/yr, and 5% annual appreciation supports $44,067 over five years. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $0/mo property income instead of your personal income.
Manufactured
Built in 2001
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50479, Thornton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 325 (100%) |
| Owner Occupied HU | 235 (72.3%) |
| Renter Occupied HU | 53 (16.3%) |
| Vacant Housing Units | 37 (11.4%) |
| Median Home Value | $169,922 |
| Average Home Value | $330,064 |
Housing Distribution
Address Breakdown
Residential
213
Single Family
213
Multi-Family
0
Businesses
16
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Listed by: Court Christianson • Jaspersen Ins. & Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325836
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