204 N Washington StRandolphIA51649
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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 Randolph at 204 N Washington St, Randolph, IA, 51649 offers a 9.35% rental yield on a $168,000 purchase with $1,309/mo rent. Total monthly income registers $1,309/mo, and a $822/mo payment leaves $218/mo available for distribution. Annual cash flow reaches $2,618/yr on $55,692 to close, and return on cash invested stands at 24.61% in year one. Equity gained on principal adds $1,084/yr while 5% annual appreciation supports $46,415 over five years. Portfolio math shows five-year ROI at 128.52% and total cumulative return in cash at $71,573. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $1,309/mo property income against a $822/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1918
0.26 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51649, Randolph, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 159 (100%) |
| Owner Occupied HU | 116 (73.0%) |
| Renter Occupied HU | 27 (17.0%) |
| Vacant Housing Units | 16 (10.1%) |
| Median Home Value | $258,824 |
| Average Home Value | $342,241 |
Housing Distribution
Address Breakdown
Residential
73
Single Family
73
Multi-Family
0
Businesses
7
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