204 1st Ave WWorthingtonIA52078
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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 Worthington at 204 1st Ave W, Worthington, IA, 52078 generates $1,279/mo in rent, after a $1,370/mo payment. Total monthly income is $1,279/mo. Return on cash invested sits at 12.94% in year one, and rental yield is 5.48% on a $279,900 entry. Equity gained on principal adds $1,806/yr, while 5% annual appreciation builds toward $77,331 over five years. Five-year ROI reaches 65.92% and total cumulative return in cash sums $61,165. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,279/mo property income rather than buyer’s personal income.
Single Family
Built in 1900
5,662 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52078, Worthington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 285 (83.8%) |
| Renter Occupied HU | 34 ( 10.0%) |
| Vacant Housing Units | 21 ( 6.2%) |
| Median Home Value | $345,238 |
| Average Home Value | $453,482 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
18
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Listed by: Theresa Neuhaus • American Realty of Dubuque, Inc.
Mls Name: East Central Iowa AOR
Mls ID: #152745