206 N Morgan StWest LibertyIA52776
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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 West Liberty at 206 N Morgan St, West Liberty, IA, 52776 uses $73,925 cash to close to unlock $7,497/yr annual cash flow and $625/mo monthly cash flow. Total monthly income runs $2,098/mo, and a $1,091/mo payment keeps the spread at $625/mo. Purchase price stands at $223,000, and rental yield measures 11.29% with $2,098/mo rent. Return on cash invested shows 30.05% in year one, and 5% annual appreciation builds toward $61,611 over five years. Five-year ROI reaches 157.77% and total cumulative return in cash records $116,633. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $2,098/mo property income covering a $1,091/mo payment rather than investor’s personal income.
Single Family
Built in 1907
0.60 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52776, West Liberty, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,881 (100%) |
| Owner Occupied HU | 1,210 (64.3%) |
| Renter Occupied HU | 518 (27.5%) |
| Vacant Housing Units | 153 ( 8.1%) |
| Median Home Value | $206,771 |
| Average Home Value | $241,777 |
Housing Distribution
Address Breakdown
Residential
1,834
Single Family
1,671
Multi-Family
163
Businesses
149
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Listed by: Summer Leffler • SKOGMAN REALTY
Mls Name: CRAAR, CDRMLS
Mls Provider:
Mls ID: #2405127
Disclaimer: IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed.