208 1st St SWorthingtonIA52078
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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
Rental property for sale in Worthington at 208 1st St S, Worthington, IA, 52078 priced at $149,000 pairs $1,990/mo rent with $1,023/mo cash flow after a $729/mo payment. Total monthly income equals $1,990/mo, and annual cash flow comes to $12,271/yr on $49,394 invested. Return on cash invested is 44.75% in year one, and rental yield stands at 16.03% on a $149,000 basis. Equity gained on principal adds $961/yr, and 5% annual appreciation accumulates to $41,166 by year five. Five-year ROI measures 236.52% and total cumulative return in cash reaches $116,824. For financing, Ziffy Mortgage’s DSCR program evaluates $1,990/mo property income against a $729/mo payment instead of your W2s, 1099s, or Tax returns.
Single Family
Built in 1900
0.35 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52078, Worthington, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 340 (100%) |
| Owner Occupied HU | 285 (83.8%) |
| Renter Occupied HU | 34 ( 10.0%) |
| Vacant Housing Units | 21 ( 6.2%) |
| Median Home Value | $345,238 |
| Average Home Value | $453,482 |
Housing Distribution
Address Breakdown
Residential
292
Single Family
292
Multi-Family
0
Businesses
18
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Listed by: Susie Meyer • EXIT Unlimited
Mls Name: East Central Iowa AOR
Mls Provider:
Mls ID: #150623
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.