206 College AveLe GrandIA50142
Nearby investment properties with comparable rents
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 Le Grand at 206 College Ave, Le Grand, IA, 50142 at $179,900 posts ROI 26.97% with $351/mo cash flow from $1,520/mo rent. Total monthly income equals $1,520/mo, and annual cash flow records $4,214/yr on $59,637 to close. Return on cash invested measures 26.97% and rental yield reads 10.14% at the current $179,900. Equity gained on principal adds $1,161/yr, and 5% annual appreciation supports $49,703 by year five. Five-year ROI prints 141.19% and total cumulative return in cash totals $84,201.
You can finance with Ziffy Mortgage’s DSCR loan, which relies on $1,520/mo property income rather than your personal income records (W2s, Paystubs, and Tax returns).
Single Family
Built in 1975
0.41 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50142, Le Grand, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 385 (100%) |
| Owner Occupied HU | 279 (72.5%) |
| Renter Occupied HU | 85 (22.1%) |
| Vacant Housing Units | 21 ( 5.5%) |
| Median Home Value | $154,167 |
| Average Home Value | $151,299 |
Housing Distribution
Address Breakdown
Residential
1
Single Family
1
Multi-Family
0
Businesses
23
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices