209 S 1st StPanoraIA50216
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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 Panora at 209 S 1st St, Panora, IA, 50216 listed at $193,500 pairs $1,746/mo rent with a $947/mo payment to leave $489/mo cash flow. Total monthly income runs $1,746/mo, and annual cash flow reaches $5,873/yr on $64,145 cash to close. Return on cash invested measures 29.06% in year one, and rental yield registers 10.83% at a $193,500 basis. Equity gained on principal adds $1,249/yr, and annual property appreciation at 5% supports $53,460 by year five. Five-year ROI tracks 152.38% and total cumulative return in cash totals $97,747. Financing can be arranged with Ziffy Mortgage’s DSCR loan, which qualifies using $1,746/mo property income relative to a $947/mo payment rather than your personal income (W2, Tax Returns, Paystubs, or 1099).
Single Family
Built in 1957
6,098 sqft lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50216, Panora, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 1,866 (100%) |
| Owner Occupied HU | 967 (51.8%) |
| Renter Occupied HU | 242 (13.0%) |
| Vacant Housing Units | 657 (35.2%) |
| Median Home Value | $190,264 |
| Average Home Value | $262,606 |
Housing Distribution
Address Breakdown
Residential
1,209
Single Family
1,159
Multi-Family
50
Businesses
123
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