208 N Main StGeorgeIA51237
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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 George at 208 N Main St, George, IA, 51237 uses $49,559 cash to close to unlock $2,662/yr annual cash flow and $222/mo monthly cash flow. Total monthly income runs $1,193/mo, and a $732/mo payment keeps the spread at $222/mo. Purchase price stands at $149,500, and rental yield measures 9.58% with $1,193/mo rent. Return on cash invested shows 25.28% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 132.07% and total cumulative return in cash records $65,453. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,193/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1925
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51237, George, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 762 (100%) |
| Owner Occupied HU | 557 (73.1%) |
| Renter Occupied HU | 121 (15.9%) |
| Vacant Housing Units | 84 (11.0%) |
| Median Home Value | $171,875 |
| Average Home Value | $275,579 |
Housing Distribution
Address Breakdown
Residential
392
Single Family
392
Multi-Family
0
Businesses
46
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