202 NW Church StLeonIA50144
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 Leon at 202 NW Church St, Leon, IA, 50144 with 5% annual appreciation on a $119,900 basis while $974/mo rent supports operations. Total monthly income totals $974/mo and a $587/mo payment preserves $195/mo for cash returns. Annual cash flow comes to $2,342/yr on $39,747 deployed, and return on cash invested reaches 25.8% in year one. Equity gained on principal adds $774/yr, and five-year appreciation sums $33,126 alongside rental yield of 9.75%. Five-year ROI measures 134.95% and total cumulative return in cash totals $53,640.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $974/mo property income versus a $587/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1920
0.31 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50144, Leon, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,258 (100%) |
| Owner Occupied HU | 744 (59.1%) |
| Renter Occupied HU | 310 (24.6%) |
| Vacant Housing Units | 204 (16.2%) |
| Median Home Value | $118,750 |
| Average Home Value | $214,284 |
Housing Distribution
Address Breakdown
Residential
1,159
Single Family
1,083
Multi-Family
76
Businesses
118
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Heath Martin • Midwest Land Group LLC
Mls Name: DMMLS
Mls Provider:
Mls ID: #718225
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.