209 N Main StInwoodIA51240
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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 Inwood at 209 N Main St, Inwood, IA, 51240 generates $1,585/mo in rent and, after a $1,013/mo payment, leaves $241/mo in cash flow. Total monthly income is $1,585/mo, and annual cash flow is $2,890/yr on $68,621 invested. Return on cash invested sits at 24.12% in year one, and rental yield is 9.19% on a $207,000 entry. Equity gained on principal adds $1,336/yr, while 5% annual appreciation builds toward $57,190 over five years. Five-year ROI reaches 125.82% and total cumulative return in cash sums $86,338. For financing, investors can use Ziffy Mortgage’s DSCR loan, which considers $1,585/mo property income rather than buyer’s personal income.
Single Family
Built in 1919
7,100 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 51240, Inwood, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 715 (100%) |
| Owner Occupied HU | 566 (79.2%) |
| Renter Occupied HU | 94 (13.1%) |
| Vacant Housing Units | 55 ( 7.7%) |
| Median Home Value | $244,000 |
| Average Home Value | $306,811 |
Housing Distribution
Address Breakdown
Residential
415
Single Family
405
Multi-Family
10
Businesses
56
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