203 William WayNewhallIA52315
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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 Newhall at 203 William Way, Newhall, IA, 52315 priced at $224,950 converts $1,963/mo rent into $502/mo cash flow after a $1,101/mo obligation. Total monthly income equals $1,963/mo, and annual cash flow totals $6,025/yr on $74,571 invested. Return on cash invested prints 27.99% in year one, and rental yield reads 10.47% against a $224,950 entry. Equity gained on principal adds $1,452/yr, while 5% annual appreciation compiles into $62,150 by year five. Five-year ROI reaches 146.64% and total cumulative return in cash sums $109,349. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $1,963/mo property income covering a $1,101/mo payment, not borrower’s personal income.
Condo
Built in 2022
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52315, Newhall, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 519 (100%) |
| Owner Occupied HU | 424 (81.7%) |
| Renter Occupied HU | 84 (16.2%) |
| Vacant Housing Units | 11 ( 2.1%) |
| Median Home Value | $226,744 |
| Average Home Value | $259,133 |
Housing Distribution
Address Breakdown
Residential
332
Single Family
304
Multi-Family
28
Businesses
25
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