205 Lincoln Way EWheatlandIA52777
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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 Wheatland at 205 Lincoln Way E, Wheatland, IA, 52777 offers a 9.1% rental yield on a $110,000 purchase with $834/mo rent. Total monthly income registers $834/mo, and a $538/mo payment leaves $120/mo available for distribution. Annual cash flow reaches $1,440/yr on $36,465 to close, and return on cash invested stands at 23.86% in year one. Equity gained on principal adds $710/yr while 5% annual appreciation supports $30,391 over five years. Portfolio math shows five-year ROI at 124.39% and total cumulative return in cash at $45,360. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $834/mo property income against a $538/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 1945
8,712 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52777, Wheatland, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 590 (100%) |
| Owner Occupied HU | 395 (66.9%) |
| Renter Occupied HU | 136 (23.1%) |
| Vacant Housing Units | 59 ( 10.0%) |
| Median Home Value | $184,028 |
| Average Home Value | $232,886 |
Housing Distribution
Address Breakdown
Residential
348
Single Family
334
Multi-Family
14
Businesses
44
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