202 E 6th StKanawhaIA50447
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
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 Kanawha at 202 E 6th St, Kanawha, IA, 50447 at $138,000 posts ROI 24.77% with $185/mo cash flow from $1,081/mo rent. Total monthly income equals $1,081/mo, and annual cash flow records $2,222/yr on $45,747 to close. Return on cash invested measures 24.77% and rental yield reads 9.4% at the current $138,000. Equity gained on principal adds $890/yr, and 5% annual appreciation supports $38,127 by year five. Five-year ROI prints 129.39% and total cumulative return in cash totals $59,190.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,081/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1968
0.36 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50447, Kanawha, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 512 (100%) |
| Owner Occupied HU | 337 (65.8%) |
| Renter Occupied HU | 99 (19.3%) |
| Vacant Housing Units | 76 (14.8%) |
| Median Home Value | $84,674 |
| Average Home Value | $120,364 |
Housing Distribution
Address Breakdown
Residential
367
Single Family
367
Multi-Family
0
Businesses
30
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Deanna Kelly • Kelly Real Estate
Mls Name: NoCoast MLS
Mls Provider:
Mls ID: #6325466
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.