202 South StRowleyIA52329
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
Rental property for sale in Rowley at 202 South St, Rowley, IA, 52329 offers $1,348/mo rent that, after a $783/mo payment, leaves $309/mo cash flow. Total monthly income is $1,348/mo, and annual cash flow is $3,710/yr on $53,007 cash. Return on cash invested measures 26.91% in year one, and rental yield stands at 10.12% at a $159,900 entry. Equity gained on principal adds $1,032/yr while 5% annual appreciation compounds into $44,177 by year five. Five-year ROI records 140.87% and total cumulative return in cash reaches $74,670. Lending can use Ziffy Mortgage’s DSCR loan, which structures approval around $1,348/mo property income versus a $783/mo payment rather than borrower’s personal income verification through W2s, Salary slips, and Tax returns.
Single Family
Built in 1970
0.40 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52329, Rowley, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 363 (100%) |
| Owner Occupied HU | 299 (82.4%) |
| Renter Occupied HU | 27 ( 7.4%) |
| Vacant Housing Units | 37 (10.2%) |
| Median Home Value | $205,625 |
| Average Home Value | $240,970 |
Housing Distribution
Address Breakdown
Residential
262
Single Family
262
Multi-Family
0
Businesses
13
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