206 NE 1st StMorning SunIA52640
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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 Morning Sun at 206 NE 1st St, Morning Sun, IA, 52640 earns $571/mo cash flow from $1,643/mo rent with a $808/mo payment. Total monthly income totals $1,643/mo, and annual cash flow totals $6,852/yr on $54,698 capital. ROI tracks 32.44% on current figures, and rental yield reads 11.95% at a $165,000 purchase. Equity gained on principal adds $1,065/yr, and 5% annual appreciation supports $45,586 over five years. Five-year ROI reaches 170.42% and total cumulative return in cash sums $93,215. Financing can be set up with Ziffy Mortgage’s DSCR loan, which is driven by $1,643/mo property income instead of your personal income.
Single Family
Built in 1920
0.27 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52640, Morning Sun, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 546 (100%) |
| Owner Occupied HU | 406 (74.4%) |
| Renter Occupied HU | 81 (14.8%) |
| Vacant Housing Units | 59 (10.8%) |
| Median Home Value | $145,833 |
| Average Home Value | $194,803 |
Housing Distribution
Address Breakdown
Residential
339
Single Family
339
Multi-Family
0
Businesses
31
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