204 Commercial StStrawberry PointIA52076
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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
Investment property for sale in Strawberry Point at 204 Commercial St, Strawberry Point, IA, 52076 with 5% annual appreciation on a $167,000 basis while $1,190/mo rent supports operations. Total monthly income totals $1,190/mo and a $817/mo payment preserves $106/mo for cash returns. Annual cash flow comes to $1,270/yr on $55,361 deployed, and return on cash invested reaches 22.2% in year one. Equity gained on principal adds $1,078/yr, and five-year appreciation sums $46,139 alongside rental yield of 8.55%. Five-year ROI measures 115.56% and total cumulative return in cash totals $63,975.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,190/mo property income versus a $817/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in 1959
0.25 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52076, Strawberry Point, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 965 (100%) |
| Owner Occupied HU | 659 (68.3%) |
| Renter Occupied HU | 207 (21.5%) |
| Vacant Housing Units | 99 (10.3%) |
| Median Home Value | $164,219 |
| Average Home Value | $210,015 |
Housing Distribution
Address Breakdown
Residential
670
Single Family
635
Multi-Family
35
Businesses
73
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Listed by: Kayla Aulwes • EXIT Realty Driftless Group
Mls Name: East Central Iowa AOR
Mls ID: #152846