20968 475th StCharitonIA50049
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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 Chariton at 20968 475th St, Chariton, IA, 50049 uses $49,559 cash to close to unlock $2,242/yr annual cash flow and $187/mo monthly cash flow. Total monthly income runs $1,158/mo, and a $732/mo payment keeps the spread at $187/mo. Purchase price stands at $149,500, and rental yield measures 9.29% with $1,158/mo rent. Return on cash invested shows 24.43% in year one, and 5% annual appreciation builds toward $41,304 over five years. Five-year ROI reaches 127.52% and total cumulative return in cash records $63,197. Financing may use Ziffy Mortgage’s DSCR loan, which bases approval on $1,158/mo property income covering a $732/mo payment rather than investor’s personal income.
Single Family
Built in 1940
0.90 Acres lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 50049, Chariton, IA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,080 (100%) |
| Owner Occupied HU | 2,025 (65.7%) |
| Renter Occupied HU | 676 (21.9%) |
| Vacant Housing Units | 379 (12.3%) |
| Median Home Value | $131,671 |
| Average Home Value | $212,932 |
Housing Distribution
Address Breakdown
Residential
2,836
Single Family
2,639
Multi-Family
197
Businesses
269
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