20745 35th AveNew VirginiaIA50210
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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 New Virginia at 20745 35th Ave, New Virginia, IA, 50210 offers a 0% rental yield on a $950,000 purchase with $0/mo rent. 63% in year one. Equity gained on principal adds $6,130/yr while 5% annual appreciation supports $262,467 over five years. Financing is available via Ziffy Mortgage’s DSCR loan, which evaluates $0/mo property income against a $4,650/mo payment rather than investor’s personal income documents like W2s, Salary slips, and Tax returns.
Single Family
Built in 2018
6.69 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50210, New Virginia, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 832 (100%) |
| Owner Occupied HU | 708 (85.1%) |
| Renter Occupied HU | 73 ( 8.8%) |
| Vacant Housing Units | 51 ( 6.1%) |
| Median Home Value | $348,630 |
| Average Home Value | $398,302 |
Housing Distribution
Address Breakdown
Residential
617
Single Family
617
Multi-Family
0
Businesses
29
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Listed by: Jenny Moats • Keller Williams Realty GDM
Mls Name: DMMLS
Mls ID: #727391