202 NW 4th StPanoraIA50216
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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 Panora at 202 NW 4th St, Panora, IA, 50216 priced at $143,400 converts $1,589/mo rent into $658/mo cash flow after a $702/mo obligation. Total monthly income equals $1,589/mo, and annual cash flow totals $7,891/yr on $47,537 invested. Return on cash invested prints 36.51% in year one, and rental yield reads 13.3% against a $143,400 entry. Equity gained on principal adds $925/yr, while 5% annual appreciation compiles into $39,619 by year five. Five-year ROI reaches 192.3% and total cumulative return in cash sums $91,414. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,589/mo property income covering a $702/mo payment, not borrower’s personal income.
Single Family
Built in 1976
0.28 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50216, Panora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 967 (51.8%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 657 (35.2%) |
| Median Home Value | $190,264 |
| Average Home Value | $262,606 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,159
Multi-Family
50
Businesses
123
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Listed by: GREG WEINSCHENK • Iowa Realty Beaverdale
Mls Name: DMMLS
Mls Provider:
Mls ID: #718010
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.