205 E 7th StRicevilleIA50466
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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 Riceville at 205 E 7th St, Riceville, IA, 50466 listed at $227,500 pairs $1,546/mo rent with a $1,114/mo payment to leave $69/mo cash flow. Total monthly income runs $1,546/mo, and annual cash flow reaches $828/yr on $75,416 cash to close. Return on cash invested measures 21.01% in year one, and rental yield registers 8.15% at a $227,500 basis. Equity gained on principal adds $1,468/yr, and annual property appreciation at 5% supports $62,854 by year five. Five-year ROI tracks 109.11% and total cumulative return in cash totals $82,286. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,546/mo property income relative to a $1,114/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1974
0.30 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50466, Riceville, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 743 (100%) |
| Owner Occupied HU | 543 (73.1%) |
| Renter Occupied HU | 128 (17.2%) |
| Vacant Housing Units | 72 ( 9.7%) |
| Median Home Value | $191,016 |
| Average Home Value | $305,948 |
Housing Distribution
Address Breakdown
Residential
619
Single Family
601
Multi-Family
18
Businesses
49
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