201 N Washington StWyomingIA52362
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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 Wyoming at 201 N Washington St, Wyoming, IA, 52362 uses $39,747 cash to close to unlock $8,054/yr annual cash flow and $671/mo monthly cash flow. Total monthly income runs $1,450/mo, and a $587/mo payment keeps the spread at $671/mo. Purchase price stands at $119,900, and rental yield measures 14.51% with $1,450/mo rent. Return on cash invested shows 40.17% in year one, and 5% annual appreciation builds toward $33,126 over five years. Five-year ROI reaches 212.03% and total cumulative return in cash records $84,276. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,450/mo property income covering a $587/mo payment rather than investor’s personal income.
Single Family
Built in 1877
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52362, Wyoming, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 498 (100%) |
| Owner Occupied HU | 367 (73.7%) |
| Renter Occupied HU | 76 (15.3%) |
| Vacant Housing Units | 55 (11.0%) |
| Median Home Value | $132,670 |
| Average Home Value | $194,312 |
Housing Distribution
Address Breakdown
Residential
295
Single Family
288
Multi-Family
7
Businesses
41
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Listed by: Teri Kelchen • MAVERICK REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2405706
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.