208 E Union StManchesterIA52057
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 Manchester at 208 E Union St, Manchester, IA, 52057 listed at $235,000 pairs $1,657/mo rent with a $1,150/mo payment to leave $131/mo cash flow. Total monthly income runs $1,657/mo, and annual cash flow reaches $1,572/yr on $77,903 cash to close. Return on cash invested measures 21.93% in year one, and rental yield registers 8.46% at a $235,000 basis. Equity gained on principal adds $1,516/yr, and annual property appreciation at 5% supports $64,926 by year five. Five-year ROI tracks 114.04% and total cumulative return in cash totals $88,840. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,657/mo property income relative to a $1,150/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1900
8,058 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 52057, Manchester, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,697 (100%) |
| Owner Occupied HU | 2,586 (69.9%) |
| Renter Occupied HU | 837 (22.6%) |
| Vacant Housing Units | 274 ( 7.4%) |
| Median Home Value | $175,820 |
| Average Home Value | $261,470 |
Housing Distribution
Address Breakdown
Residential
3,632
Single Family
3,379
Multi-Family
253
Businesses
345
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Listed by: Brandon Gosse • eXp Realty
Mls Name: CRAAR, CDRMLS
Mls ID: #2509008